Chipotle Drive-Thru
Single-Tenant Offerings
Chipotle Drive-Thru
4215 Linden Ave.
Dayton, OH
- Price:
- $2,314,000
- Cap Rate:
- 5.50%
- NOI:
- $127,294
- Rentable SQFT:
- 2,325 Sf
- Year Built:
- 2023
- Lot Size:
- 0.62 +/- Acres
- Lease Type:
- NN
- Status:
- Under Contract
Investment Highlights
- New 15-Year Lease with 10% Increases Every 5 Years
- Corporate Guaranty (3,304+ Locations), Fortune 500 Company with $9.53 Billion in Annual Revenue
- Chipotle’s Stock (NYSE: CMG) has Increased Approximately 345% Over the Last 5 Years
- Average Unit-Level Sales for Chipotle is Nearly $3 Million in the U.S., Equates to a 4.2% Rent-to-Sales Ratio for this Store
- Brand New Prototype with “Chipotlane” Drive-Thru, Minimal Landlord Responsibilities
- Serving 212,700+ Residents Centered Among Three of Dayton’s Most Affluent and Growing Suburbs
- Strong Average Household Incomes Exceed $126,000 in 3 Miles and $130,000 in 5 Miles
- Strategic Location, Nearest Chipotle with a Drive-Thru is Over 8 Miles Away
- Highly Visible to 70,400+ Cars/Day Along US-35, Easy Access to I-675 with 87,700+ Cars/Day
- Minutes to University of Dayton (12,000+ Students), Wright State University (11,000+ Students), and Several K-12 Schools with 10,000+ Students
- 2 Miles to Research Park with 2.2 Million SF and 4,400 Employees, Home to New GE Aviation Manufacturing Facility and Planned 300-Unit Luxury Apartment Complex
- East of Miami Valley Hospital with 7,370 Employees and 75,000+ Annual Outpatient Visits
- Close Proximity to Children's Hospital with 1,400 Employees, Completed $375 Million Renovation and Undergoing $100 Million Expansion
- Just South of Wright-Patterson Air Force Base with 35,000+ Employees and a $16.7+ Billion Economic Impact, Largest Single-Site Employer in Ohio
- 3 Miles to the World’s Largest National Airforce Museum with Nearly 1 Million Visitors Annually
- Surrounded by Several Major Employers, Strong Daytime Population (127,700+ Employees in 5 Miles)
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