661 E 450 N | Vineyard, UT 84059
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- LoopNet Team
661 E 450 N
Vineyard, UT 84059
Chipotle · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand-new 10-year lease with 10% rental increases every 5 years
- Minimal LL expense & maintenance obligations (roof & structure)
- Massive rent and traffic drivers - 17M Square Feet of new development in to be added to surrounding area including over 1,500 college dorms
- 2023 build-to-suit construction to tenant’s latest prototype
- 20-year roof warranty in place
- Chipotle’s 2022 revenue totaled $8.6B – ranking the 10th in the QSR sector per QSR Magazine
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,325 SF
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.37 AC
PROPERTY TAXES
| Parcel Number | 56-037-0003 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,079,900 |
PROPERTY TAXES
Parcel Number
56-037-0003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,079,900
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