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Restaurant

Chipotle Zanesville

695 Zane St, Zanesville, OH 43701

Listing Price: $1,981,000

Cap Rate
5.75%
Tenant Name
Chipotle
Years Remaining On Lease
6.6
Gross SF
2,325
Guarantor
Corporate Guarantee
Rentable SF
2,325
Price/Gross SF
$852.04
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$49.00

Investment Overview

The offering presents a rare opportunity to acquire the fee simple interest in a newly built, single-tenant Chipotle Mexican Grill featuring the brand’s latest Chipotlane drive-thru prototype at 695 Zane Street in Zanesville, Ohio. The asset is occupied under a corporate guaranteed net lease with roughly seven years of primary term remaining and is currently generating store-level sales at nearly twice the national average according to on site representatives. Positioned directly along the I-70 corridor just east of Columbus, the location combines credit tenancy, limited landlord obligations, and durable in-place income — an
ideal fit for investors prioritizing stability, brand strength, and long-term, passive cash flow.

Investment Highlights

  • High-Performing Location — Store reports sales at nearly twice the national Chipotle average, signaling strong underlying real estate fundamentals & low re-tenanting risk. Top 30% Location Nationwide
  • Newer 2023 Construction — Recently completed to Chipotle's latest prototype, featuring the high demand Chipotlane drive-thru format that has consistently outperformed traditional layouts.
  • Corporate Net Lease with ~7 Years Remaining — Secured by a 10-year lease guaranteed directly by Chipotle at the corporate level, with limited landlord responsibilities and predictable, passive income.
  • Corporate Location - Investment-Grade Credit — Backed by a corporate guaranty from Chipotle (NYSE: CMG), rated Baa1 by Moody's, providing institutional-quality tenancy and financial stability.
  • Store Equipped with Mission-Critical "Chipotlane" Drive- Thru — Chipotle Reports Digital Orders (Pickup or Delivery) are Responsible for 37% of 2025 Sales
  • Built-In Rent Growth — Contractual 10% rental increases every five years, including throughout all four five-year renewal options, offering a clear inflation hedge and rising residual value.
  • Prime I-70 Interstate Frontage — Direct visibility and access along one of the nation's most heavily traveled east-west corridors, connecting Columbus to key Midwest and East Coast markets.
  • High Hotel Density — Five nationally branded hotels within a one block radius drive consistent daily foot and vehicle traffic from travelers, business professionals, and overnight guests.

Exclusively Listed By

Restaurant

Chipotle Zanesville

Listing Price: $1,981,000

Cap Rate
5.75%
Tenant Name
Chipotle
Years Remaining On Lease
6.6
Gross SF
2,325
Guarantor
Corporate Guarantee
Rentable SF
2,325
Price/Gross SF
$852.04
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$49.00

Investment Highlights

  • High-Performing Location — Store reports sales at nearly twice the national Chipotle average, signaling strong underlying real estate fundamentals & low re-tenanting risk. Top 30% Location Nationwide
  • Newer 2023 Construction — Recently completed to Chipotle's latest prototype, featuring the high demand Chipotlane drive-thru format that has consistently outperformed traditional layouts.
  • Corporate Net Lease with ~7 Years Remaining — Secured by a 10-year lease guaranteed directly by Chipotle at the corporate level, with limited landlord responsibilities and predictable, passive income.
  • Corporate Location - Investment-Grade Credit — Backed by a corporate guaranty from Chipotle (NYSE: CMG), rated Baa1 by Moody's, providing institutional-quality tenancy and financial stability.
  • Store Equipped with Mission-Critical "Chipotlane" Drive- Thru — Chipotle Reports Digital Orders (Pickup or Delivery) are Responsible for 37% of 2025 Sales
  • Built-In Rent Growth — Contractual 10% rental increases every five years, including throughout all four five-year renewal options, offering a clear inflation hedge and rising residual value.
  • Prime I-70 Interstate Frontage — Direct visibility and access along one of the nation's most heavily traveled east-west corridors, connecting Columbus to key Midwest and East Coast markets.
  • High Hotel Density — Five nationally branded hotels within a one block radius drive consistent daily foot and vehicle traffic from travelers, business professionals, and overnight guests.

Investment Overview

The offering presents a rare opportunity to acquire the fee simple interest in a newly built, single-tenant Chipotle Mexican Grill featuring the brand’s latest Chipotlane drive-thru prototype at 695 Zane Street in Zanesville, Ohio. The asset is occupied under a corporate guaranteed net lease with roughly seven years of primary term remaining and is currently generating store-level sales at nearly twice the national average according to on site representatives. Positioned directly along the I-70 corridor just east of Columbus, the location combines credit tenancy, limited landlord obligations, and durable in-place income — an ideal fit for investors prioritizing stability, brand strength, and long-term, passive cash flow.

Exclusively Listed By

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