7518 Rockville rd | Avon, IN 46123
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7518 Rockville rd
Avon, IN 46123
Chipotle Drive-Thru · Retail Property For Sale
Investment Highlights
- New 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
- Single-Tenant Offerings Chipotle Drive-Thru 7518 E. U.S. Highway 36 Avon (Indianapolis MSA), IN Price:$3,627,000Cap Rate:5.10%NOI:$185,000Renta
- Brand New Prototype with “Chipotlane” Drive-Thru on 1+ Acre Parcel
- 10% Increases Every 5 Years Throughout the Base Term and Options
- Average Unit-Level Sales for Chipotle is Nearly $3.5 Million in the U.S., Equates to a 5.3% Rent-to-Sales Ratio at this Location
- Serving Over 120,700 Residents in Rapidly Growing Suburb to Indianapolis
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,020 SF
Building Class
C
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.07 AC
Property Taxes
| Parcel Number | 32-10-02-452-002.000-031 | Improvements Assessment | $761,600 |
| Land Assessment | $450,000 | Total Assessment | $1,211,600 |
Property Taxes
Parcel Number
32-10-02-452-002.000-031
Land Assessment
$450,000
Improvements Assessment
$761,600
Total Assessment
$1,211,600
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