Restaurant
Chipotle Drive-Thru
108 S Beeline Hwy, Payson, AZ 85541
Listing Price: $2,680,000
Investment Overview
Payson is intersected by State Routes 87 and 260, just 90 miles north of Phoenix, Arizona. Payson is a growing city with many major recreational and housing projects underway. Residents and businesses alike are attracted to the city due to its central location and breathtaking natural landscape. Payson has a population of 16,762 residents and an average household income of over $68,000; making the city small enough to feel safe and comfortable, yet large enough to have plenty of events.
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. Founded in 1993, Chipotle is one of the first chains of fast casual dining establishments, offering more than 65,000 combinations of burritos, soft tacos, crispy tacos, chips and salsa, beer, and margaritas.
Chipotle Drive-Thru
Investment Highlights
- ±12 Years Remaining on Corporate Lease with Chipotle
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- High-Quality 2022 Remodel with a "Chipotlane" Drive-Thru
- Chipotle Locations with a "Chipotlane" Generate 10 Percent More in Sales Than Traditional Chipotle Restaurants
- ±20,000 Residents within a 5-Mile Radius
- Situated Immediately Off the State Route 87, a Major Thoroughfare Through Payson and a Major Connector Providing a Direct Route Between Phoenix and Northern Arizona
- Excellent Frontage at the Intersection of SR-87 and SR-260 (40,250 Cars per Day)
- Dense Retail Corridor Location Surrounded by National Tenants: Safeway, Walgreens, Walmart, Bashas', AutoZone, and More
Listing Price: $2,680,000
Investment Highlights
- ±12 Years Remaining on Corporate Lease with Chipotle
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- High-Quality 2022 Remodel with a "Chipotlane" Drive-Thru
- Chipotle Locations with a "Chipotlane" Generate 10 Percent More in Sales Than Traditional Chipotle Restaurants
- ±20,000 Residents within a 5-Mile Radius
- Situated Immediately Off the State Route 87, a Major Thoroughfare Through Payson and a Major Connector Providing a Direct Route Between Phoenix and Northern Arizona
- Excellent Frontage at the Intersection of SR-87 and SR-260 (40,250 Cars per Day)
- Dense Retail Corridor Location Surrounded by National Tenants: Safeway, Walgreens, Walmart, Bashas', AutoZone, and More
Investment Overview
Payson is intersected by State Routes 87 and 260, just 90 miles north of Phoenix, Arizona. Payson is a growing city with many major recreational and housing projects underway. Residents and businesses alike are attracted to the city due to its central location and breathtaking natural landscape. Payson has a population of 16,762 residents and an average household income of over $68,000; making the city small enough to feel safe and comfortable, yet large enough to have plenty of events. 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. Founded in 1993, Chipotle is one of the first chains of fast casual dining establishments, offering more than 65,000 combinations of burritos, soft tacos, crispy tacos, chips and salsa, beer, and margaritas.
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