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