1205 Columbus Ave - Fast Food FOR SALE
Lebanon, OH 45036 |
$2,530,000 USD
858-373-3174
1205 Columbus Ave
Lebanon, OH 45036
HIGHLIGHTS
- New 15-Year Lease with 10% Increases Every 5 Years
- Corporate Guaranty (3,437+ Locations) by Fortune 500 Company, $10.98 Billion in Annual Revenue
- Chipotle’s Stock (NYSE: CMG) has Increased Approximately 250% Over the Last 5 Years
- Average Unit-Level Sales for Chipotle is Nearly $3.5 Million in the U.S., Equates to a 4% Rent-to-Sales Ratio for this Store
- Brand New Prototype with “Chipotlane” Drive-Thru, Minimal Landlord Responsibilities
- Serving Over 69,000 Residents in Rapidly Growing Trade Area, 30 Miles Northeast of Downtown Cincinnati
FOR SALE DETAILS
PRICE
$2,530,000 USD
PRICE/SF
$1,036 USD /SF
CAP RATE
5.55%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Chipotle Drive-Thru
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
7.65 AC
LAND SF
333,099 SF
ZONING
-
APN/PARCEL ID
6152256
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858-373-3174
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858-373-3174
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