Shopping Strip
Chipotle & Blaze Pizza
1601 E College Ave, Normal, IL 61761
Listing Price: $3,541,000
Investment Overview
Marcus & Millichap is pleased to present for sale Chipotle & Blaze Pizza in Normal, Illinois. Chipotle Mexican Grill, Inc. (NYSE: CMG) is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, known for its large burritos, assembly-line production, and use of natural ingredients. Blaze Pizza is a build-your-own pizza brand, known for their savory artisanal pizzas and a customizable, made-to-order menu.
Normal is a town in McLean County, Illinois, one of two principal cities of the Bloomington-Normal metropolitan area. A vibrant Midwestern community in Central Illinois, Normal is home to over 52,700 residents. The Bloomington-Normal area boasts a population of 151,400. Bloomington-Normal has a highly-educated population, due in part to Illinois State University's presence in the community and reflected in the region's high median household income.
Chipotle & Blaze Pizza
Investment Highlights
- 100 Percent Leased to Chipotle and Blaze Pizza, Two Successful National Tenants
- Situated at the Corner of College Avenue and Veterans Parkway with a Combined 55,000-Plus Cars per Day
- 128,218 Residents within a Five-Mile Radius in Dense Bloomington-Normal Trade Area
- Adjacent to Shoppes at College Hills, Anchored by Target, Hobby Lobby, and Von Maur
- Surrounded by National Retailers - Walmart, Meijer, Sam's Club, Best Buy, Lowe's, Petco, and More
- College Town Location Just Two Miles from Illinois State University (20,000-Plus Students)
- Average Household Income Exceeds $96,000 in a Three-Mile Radius
- Within a 15-Minute Drive of the Trade Area's Top Three Employers, Encompassing 24,000 Employees at State Farm, Rivian, and Illinois State University
Listing Price: $3,541,000
Investment Highlights
- 100 Percent Leased to Chipotle and Blaze Pizza, Two Successful National Tenants
- Situated at the Corner of College Avenue and Veterans Parkway with a Combined 55,000-Plus Cars per Day
- 128,218 Residents within a Five-Mile Radius in Dense Bloomington-Normal Trade Area
- Adjacent to Shoppes at College Hills, Anchored by Target, Hobby Lobby, and Von Maur
- Surrounded by National Retailers - Walmart, Meijer, Sam's Club, Best Buy, Lowe's, Petco, and More
- College Town Location Just Two Miles from Illinois State University (20,000-Plus Students)
- Average Household Income Exceeds $96,000 in a Three-Mile Radius
- Within a 15-Minute Drive of the Trade Area's Top Three Employers, Encompassing 24,000 Employees at State Farm, Rivian, and Illinois State University
Investment Overview
Marcus & Millichap is pleased to present for sale Chipotle & Blaze Pizza in Normal, Illinois. Chipotle Mexican Grill, Inc. (NYSE: CMG) is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, known for its large burritos, assembly-line production, and use of natural ingredients. Blaze Pizza is a build-your-own pizza brand, known for their savory artisanal pizzas and a customizable, made-to-order menu. Normal is a town in McLean County, Illinois, one of two principal cities of the Bloomington-Normal metropolitan area. A vibrant Midwestern community in Central Illinois, Normal is home to over 52,700 residents. The Bloomington-Normal area boasts a population of 151,400. Bloomington-Normal has a highly-educated population, due in part to Illinois State University's presence in the community and reflected in the region's high median household income.
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