Restaurant
Five Guys, Chipotle & Jersey Mike's | Opened August 2024
1180 N Ctr Ave, Somerset, PA 15501
Listing Price: $4,175,000
Investment Overview
The subject property is a retail pad leased to three tenants under double-net leases: Five Guys, Chipotle, and Jersey Mike's. All three stores opened in August 2024. The property is strategically located just north of Interstate 76, a major east-west highway spanning 435 miles from Akron, Ohio to Bellmawr, New Jersey.
Somerset has experienced significant growth in the past six months. Notably, Ponfeigh Distillery, one of Pennsylvania's largest distilleries, recently opened in Somerset County. Tidal Wave Auto Spa has launched its inaugural Pennsylvania location adjacent to the subject property, and nearby, Somerset Trust Co. has acquired Georgian Place for its upcoming headquarters.
Investment Highlights
- Opened in August 2024
- Corporate Leases with Five Guys, Jersey Mike's and Chipotle
- New Build-to-Suit Construction in 2024
- Chipotle Drive-Thru Lane
Broker of Record
Restaurant
Five Guys, Chipotle & Jersey Mike's | Opened August 2024
Listing Price: $4,175,000
Investment Highlights
- Opened in August 2024
- Corporate Leases with Five Guys, Jersey Mike's and Chipotle
- New Build-to-Suit Construction in 2024
- Chipotle Drive-Thru Lane
Investment Overview
The subject property is a retail pad leased to three tenants under double-net leases: Five Guys, Chipotle, and Jersey Mike's. All three stores opened in August 2024. The property is strategically located just north of Interstate 76, a major east-west highway spanning 435 miles from Akron, Ohio to Bellmawr, New Jersey. Somerset has experienced significant growth in the past six months. Notably, Ponfeigh Distillery, one of Pennsylvania's largest distilleries, recently opened in Somerset County. Tidal Wave Auto Spa has launched its inaugural Pennsylvania location adjacent to the subject property, and nearby, Somerset Trust Co. has acquired Georgian Place for its upcoming headquarters.