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Restaurant

Chipotle with Drive-Thru | New 10-Yr. Lease

5431 Seventy-Six Dr, Youngstown, OH 44515

Listing Price: $2,476,000

Cap Rate
5.00%
Tenant Name
Chipotle
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
2,325
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$53.25

Investment Overview

Marcus & Millichap is pleased to present the Chipotle in Youngstown, OH.

Investment Highlights

  • 10-Year Modified NNN Lease with 10% Increases Every 5 Years
  • Corporate Guaranty (NYSE: CMG), 3,000+ Locations and Over $7.55 Billion in Revenue
  • Chipotle has Experienced 7 Consecutive Years of Revenue Growth
  • Brand New Prototype with a Drive-Thru, Chipotle Restaurants Generate 20% More in Sales
  • Average Unit-Level Sales for Chipotle in North America is Approximately $3 Million
  • Serving 85,000 Residents in Primary Trade Area
  • Average Household Income Exceeds $96,000 within 1 Mile
  • Just South of I-80 with 62,800 Cars/Day, Direct Access to Downtown Youngstown and Akron

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Restaurant

Chipotle with Drive-Thru | New 10-Yr. Lease

Listing Price: $2,476,000

Cap Rate
5.00%
Tenant Name
Chipotle
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
2,325
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$53.25

Investment Highlights

  • 10-Year Modified NNN Lease with 10% Increases Every 5 Years
  • Corporate Guaranty (NYSE: CMG), 3,000+ Locations and Over $7.55 Billion in Revenue
  • Chipotle has Experienced 7 Consecutive Years of Revenue Growth
  • Brand New Prototype with a Drive-Thru, Chipotle Restaurants Generate 20% More in Sales
  • Average Unit-Level Sales for Chipotle in North America is Approximately $3 Million
  • Serving 85,000 Residents in Primary Trade Area
  • Average Household Income Exceeds $96,000 within 1 Mile
  • Just South of I-80 with 62,800 Cars/Day, Direct Access to Downtown Youngstown and Akron

Investment Overview

Marcus & Millichap is pleased to present the Chipotle in Youngstown, OH.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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