Chipotle Drive-Thru - I-70 Near Columbus 695 Zane St 2,325 SF Retail Building Zanesville, OH 43701 $1,980,000 ($851.61/SF) 5.75% Cap Rate

Pegasus Investments Real Estate Advisory Inc., in conjunction with ParaSell Inc., is pleased to present the opportunity to acquire the fee simple interest in a newly constructed, high-performing, single-tenant Chipotle drive-thru in Zanesville, Ohio. Positioned just east of Columbus along the I-70 corridor, this strategic interstate-adjacent location has demonstrated exceptional performance, generating sales at nearly twice the national average. The Property is secured by a new 10-year corporate net lease with Chipotle (NASDAQ: CMG), the world’s largest coffeehouse chain. Featuring minimal landlord responsibilities, long-term passive income, and strong underlying real estate, this offering represents an ideal opportunity for investors seeking stability, brand security, and long-term cash flow.
Built in 2023, the Property reflects Chipotle’s latest drive-thru Chipotlane prototype and is strategically positioned to serve both local commuters and regional travelers along one of the most heavily traveled interstates in the country. The lease includes 10% rental increases every five years, including throughout the four (4) five-year renewal options, offering reliable income growth and strong residual value. With its corporate guaranty, investment-grade credit (Moody’s: Baa1), and national brand recognition, Chipotle brings institutional-grade tenancy and a recession-resilient business model to this location.
The site enjoys exceptional visibility and access from Interstate 70 and sits in a high-traffic retail corridor anchored by national tenants such as Starbucks and Texas Roadhouse. The immediate trade area also includes a Pepsi Bottling plant and five nationally branded hotels, all within a one-block radius, contributing to consistent foot traffic from travelers, business professionals, and hotel guests. Zanesville itself is a well-located micropolitan market that benefits from its proximity to Columbus, low cost of living, and growing investment in downtown revitalization.
As one of the fastest-growing metros in the Midwest, Columbus offers a compelling backdrop for long-term investment. The city is home to five Fortune 500 companies, a diverse economy anchored by healthcare, logistics, tech, and education, and is experiencing sustained demographic growth that outpaces national trends. The combination of Chipotles’ global brand, a long-term corporate lease, and a high-visibility location along a major interstate positions this asset as a durable, cash-flowing investment in one of Central Ohio’s most strategically located commuter corridors.