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Restaurant

Chipotle with Drive-Thru | New 10-Yr. Modified NNN

1415 Wagner Ave, Greenville (Dayton MSA), OH 45331

Listing Price: $2,121,000

Cap Rate
4.85%
Tenant Name
Chipotle
Years Remaining On Lease
10.3
Guarantor
Corporate Guarantee
Rentable SF
2,325
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$44.25

Investment Overview

Marcus & Millichap is pleased to present the Chipotle in Greenville, OH.

Investment Highlights

  • 10-Year Modified NNN Lease with 10% Increases Every 5 Years
  • Corporate Guaranty (NYSE: CMG), 2,850+ Locations and Over $5.6 Billion in Revenue
  • Online and Mobile Orders for Chipotle Increased 177% Year-Over-Year, Accounting for Nearly 50% of Sales
  • Brand New Prototype with a Drive-Thru, Chipotlane Restaurants Generate 20% More in Sales
  • Average Unit-Level Sales for Chipotle in North America Exceed $2.5 Million
  • Chipotle's Stock has Nearly Doubled During the Past 12 Months

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s) OH: BRK.2007005898

    Ohio

Restaurant

Chipotle with Drive-Thru | New 10-Yr. Modified NNN

Listing Price: $2,121,000

Cap Rate
4.85%
Tenant Name
Chipotle
Years Remaining On Lease
10.3
Guarantor
Corporate Guarantee
Rentable SF
2,325
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$44.25

Investment Highlights

  • 10-Year Modified NNN Lease with 10% Increases Every 5 Years
  • Corporate Guaranty (NYSE: CMG), 2,850+ Locations and Over $5.6 Billion in Revenue
  • Online and Mobile Orders for Chipotle Increased 177% Year-Over-Year, Accounting for Nearly 50% of Sales
  • Brand New Prototype with a Drive-Thru, Chipotlane Restaurants Generate 20% More in Sales
  • Average Unit-Level Sales for Chipotle in North America Exceed $2.5 Million
  • Chipotle's Stock has Nearly Doubled During the Past 12 Months

Investment Overview

Marcus & Millichap is pleased to present the Chipotle in Greenville, OH.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s): OH: BRK.2007005898

    Ohio

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