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Restaurant

Brand New Chipotle with Chipotlane Drive-Thru | 15 Year Abs NNN Lease | Affluent Cincinnati Suburb

12154 Lebanon Rd, Sharonville, OH 45241

Listing Price: $3,047,619

Cap Rate
5.25%
Tenant Name
Chipotle
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
2,325
Lease Type
Absolute Net
Rent Per Square Feet
$68.82

Investment Overview

This brand-new Chipotle property presents a premier passive investment opportunity, featuring state-of-the-art construction with the high-performing Chipotlane digital drive-thru format. The asset is secured by a 15-year absolute NNN corporate lease backed by Chipotle Mexican Grill, Inc. (NYSE: CMG), one of the nation’s most successful fast-casual restaurant operators with more than 3,700 locations nationwide. Chipotle’s strong digital sales platform and convenient drive-thru model make it both e-commerce and recession-resistant, ensuring reliable tenant performance. The property benefits from a prime Sharonville location, positioned as a Kroger outparcel along heavily trafficked U.S. Route 42 with excellent visibility in a dense, affluent suburb where average household incomes of $150,000. Supported by the growing Cincinnati metro, which is projected to gain nearly 248,000 new residents by 2050, this offering combines long-term income stability with strong market fundamentals.

Investment Highlights

  • BRAND NEW CONSTRUCTION WITH CHIPOTLANE DRIVE-THRU: Newly built, state-of-the-art prototype featuring Chipotle's high-performing digital order drive-thru format
  • LONG-TERM ABSOLUTE NNN LEASE: 15-year corporate lease with zero landlord responsibilities, providing stable, passive income
  • STRONG CORPORATE GUARANTEE: Backed by Chipotle Mexican Grill, Inc. (NYSE: CMG), a leading fast-casual restaurant brand with over 3,700 locations nationwide
  • E-COMMERCE & RECESSION-RESISTANT TENANT: Chipotle's focus on digital sales and convenient drive-thru ordering enhances operational resilience and long-term tenant stability
  • HIGH-VISIBILITY SHARONVILLE LOCATION: Strategically situated Kroger outparcel on US-42 with strong traffic counts and excellent visibility in a dense, affluent Cincinnati metro suburb, average annual household incomes are nearly $150,000
  • GROWING CINCINNATI MARKET: The metro area is experiencing steady growth and is projected to add about 248,000 new residents by 2050, driving long-term demand in key counties including Hamilton and Warren

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director / Chief Revenue Officer

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Restaurant

Brand New Chipotle with Chipotlane Drive-Thru | 15 Year Abs NNN Lease | Affluent Cincinnati Suburb

Listing Price: $3,047,619

Cap Rate
5.25%
Tenant Name
Chipotle
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
2,325
Lease Type
Absolute Net
Rent Per Square Feet
$68.82

Investment Highlights

  • BRAND NEW CONSTRUCTION WITH CHIPOTLANE DRIVE-THRU: Newly built, state-of-the-art prototype featuring Chipotle's high-performing digital order drive-thru format
  • LONG-TERM ABSOLUTE NNN LEASE: 15-year corporate lease with zero landlord responsibilities, providing stable, passive income
  • STRONG CORPORATE GUARANTEE: Backed by Chipotle Mexican Grill, Inc. (NYSE: CMG), a leading fast-casual restaurant brand with over 3,700 locations nationwide
  • E-COMMERCE & RECESSION-RESISTANT TENANT: Chipotle's focus on digital sales and convenient drive-thru ordering enhances operational resilience and long-term tenant stability
  • HIGH-VISIBILITY SHARONVILLE LOCATION: Strategically situated Kroger outparcel on US-42 with strong traffic counts and excellent visibility in a dense, affluent Cincinnati metro suburb, average annual household incomes are nearly $150,000
  • GROWING CINCINNATI MARKET: The metro area is experiencing steady growth and is projected to add about 248,000 new residents by 2050, driving long-term demand in key counties including Hamilton and Warren

Investment Overview

This brand-new Chipotle property presents a premier passive investment opportunity, featuring state-of-the-art construction with the high-performing Chipotlane digital drive-thru format. The asset is secured by a 15-year absolute NNN corporate lease backed by Chipotle Mexican Grill, Inc. (NYSE: CMG), one of the nation’s most successful fast-casual restaurant operators with more than 3,700 locations nationwide. Chipotle’s strong digital sales platform and convenient drive-thru model make it both e-commerce and recession-resistant, ensuring reliable tenant performance. The property benefits from a prime Sharonville location, positioned as a Kroger outparcel along heavily trafficked U.S. Route 42 with excellent visibility in a dense, affluent suburb where average household incomes of $150,000. Supported by the growing Cincinnati metro, which is projected to gain nearly 248,000 new residents by 2050, this offering combines long-term income stability with strong market fundamentals.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director / Chief Revenue Officer

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

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