2511 Chester Blvd - Fast Food FOR SALE
Richmond, IN 47374 |
$2,823,000 USD
858-373-3174
2511 Chester Blvd
Richmond, IN 47374
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 4.5% Rent-to-Sales Ratio for this Store
- Brand New Prototype with “Chipotlane” Drive-Thru, Minimal Landlord Responsibilities
- Only Chipotle Drive-Thru in Wayne County Serving Over 66,000+ Residents
FOR SALE DETAILS
PRICE
$2,823,000 USD
PRICE/SF
$1,201 USD /SF
CAP RATE
5.6%
% LEASED
-
TENANCY
-
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
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
858-373-3174
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
858-373-3174
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
