1900 10th Ave S - Restaurant FOR SALE


Great Falls, MT 59405
$2,568,000 USD
858-373-3174
1900 10th Ave S, Great Falls, MT for Sale
$2,568,000 USD
Restaurant - FOR SALE
1/3
null | 5.25% Cap Rate

1900 10th Ave S
Great Falls, MT 59405


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 3.85% Rent-to-Sales Ratio for this Store
  • Brand New Prototype with “Chipotlane” Drive-Thru, Minimal Landlord Responsibilities
  • Strategic Location, Nearest Chipotle is Over 88 Miles Away

FOR SALE DETAILS

PRICE

$2,568,000 USD

PRICE/SF

$1,105 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle Drive-Thru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,933 SF

ZONING

-

APN/PARCEL ID

02-3016-18-2-40-16-0000

ASK ABOUT THIS PROPERTY

Phil SambazisMarcus & MillichapMore Info
858-373-3174

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Phil SambazisMarcus & MillichapMore Info
858-373-3174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.