34712 Center Ridge Rd - Retail FOR SALE


North Ridgeville, OH 44039
$2,261,592 USD
216-381-8200
34712 Center Ridge Rd, North Ridgeville, OH for Sale
$2,261,592 USD
Retail - FOR SALE
1/6
null | 5.5% Cap Rate

34712 Center Ridge Rd
North Ridgeville, OH 44039


HIGHLIGHTS

  • Corporate Lease Guaranteed by Chipotle Mexican Grill, Inc.
  • Outlot to 55,000 SF Marc's Grocery Store Generating Daily Needs Customers
  • 14+ Years Guaranteed Term Remain with 10% Increases Every 5 Years
  • Brand New Building with Chipotle's Newest Prototype
  • Located in Thriving Retail Corridor with High Incomes and Household Growth
  • North Ridgeville is Ranked the 4th Best Place for Homeownership in Ohio

OVERVIEW

• Corporate Lease Guaranteed by Chipotle Mexican Grill, Inc. (Nasdaq: CMG) • Outlot to 55,000 SF Marc’s Grocery Store Generating Daily Needs Customers • Tenant Maintains Parking Lot Including Landscaping and Snowplowing • Transferrable Roof Warranty • 14+ Years Guaranteed Term Remain with 10% Increases Every 5 Years • Brand New Building with Chipotle’s Newest Prototype • Located in Thriving Retail Corridor with High Incomes and Household Growth • North Ridgeville is Ranked the 4th Best Place for Homeownership in Ohio

FOR SALE DETAILS

PRICE

$2,261,592 USD

PRICE/SF

$973 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle - New 15 Year NNN Lease

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,340 SF

ZONING

B-3

APN/PARCEL ID

07-00-016-101-055

ASK ABOUT THIS PROPERTY

Kyle HartungGoodman Real Estate Services GroupMore Info
216-381-8200

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Kyle HartungGoodman Real Estate Services GroupMore Info
216-381-8200

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