Chipotle Drive-Thru
Single-Tenant Offerings
Chipotle Drive-Thru
5255 Hildenbrand Way
Liberty Township (Cincinnati MSA), OH
- Price:
- $2,934,000
- Cap Rate:
- 5.00%
- NOI:
- $146,719
- Rentable SQFT:
- 2,325 SF
- Year Built:
- 2024
- Lot Size:
- 1.04 +/ Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- New 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
- 10% Increases Every 5 Years Throughout the Base Term and Options
- Corporate Guaranty (3,437+ Locations) by Fortune 500 Company, $10.98 Billion in Annual Revenue
- Chipotle’s Stock (NYSE: CMG) has Increased Approximately 250% Over the Last 5 Years
- Average Unit-Level Sales for Chipotle is Nearly $3.5 Million in the U.S., Equates to a 3.85% Rent-to-Sales Ratio for this Store
- Brand New Prototype with “Chipotlane” Drive-Thru
- Serving Over 110,000+ Residents in Rapidly Growing Upscale Trade Area
- Strong Average Household Incomes Exceed $119,000 in 1 Mile and $132,000 in 3 Miles
- Surrounded by Several Residential Developments with 2,000+ New Homes
- Outparcel to Kyles Station, a New Kroger Marketplace Anchored Mixed-Use Development
- Accessible to More Than 30,000+ Cars/Day, Situated at One of the Entrances to Kyles Station
- Close Proximity to K-12 Schools with 10,000+ Students
- Strong Daytime Population, Over 24,000 Employees in Primary Trade Area
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