241 White Horse Pike - Restaurant FOR SALE
Barrington, NJ 08007 |
$3,300,038 USD
818-259-0476
241 White Horse Pike
Barrington, NJ 08007
HIGHLIGHTS
- New 15-Year NNN Lease with Limited Landlord Responsibilities
- Chipotle (S&P Rating: AA) has over 3,600 locations and is a Fortune 500 company with over $9.5 billion in revenue.
- New Chipotlane Prototype – New construction property with drive-thru to enhance store sales and customer order options.
- The primary term of the lease provides for ten (10%) percent increases every five (5) years during the initial term and in the option periods.
- Surrounded by National Retailers – Chipotle is across the street from a new Chick-Fil-A and Wawa Convenience store.
- Chipotle is strategically located off the US Interstate 295 (140,481 CPD) at the US Route 30 (55,129 CPD) exit, also known as White Horse Pike.
FOR SALE DETAILS
PRICE
$3,300,038 USD
PRICE/SF
$1,737 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Chipotle
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
0.66 AC
LAND SF
28,750 SF
ZONING
-
APN/PARCEL ID
03-00124-0000-00005,03-00124-0000-00006
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818-259-0476
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Please correct the highlighted field(s).
818-259-0476
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