4215 Linden Ave - Chipotle Drive-Thru
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4215 Linden Ave - Chipotle Drive-Thru
2,325 SF Speciality Building Offered at £1,810,589 at a 5.50% Net Initial Yield in Dayton, OH 45432
Investment Highlights
- New 15-Year Lease with 10% Increases Every 5 Years
- Chipotle’s Stock (NYSE: CMG) has Increased Approximately 345% Over the Last 5 Years
- Brand New Prototype with “Chipotlane” Drive-Thru, Minimal Landlord Responsibilities
- Corporate Guaranty (3,304+ Locations), Fortune 500 Company with $9.53 Billion in Annual Revenue
- 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
- Serving 212,700+ Residents Centered Among Three of Dayton’s Most Affluent and Growing Suburbs
Property Facts
| Price | £1,810,589 | Lot Size | 0.62 AC |
| Price Per SF | £779 | Building Size | 2,325 SF |
| Sale Type | Investment | Number of Floors | 1 |
| Net Initial Yield | 5.50% | Year Built | 2023 |
| Property Type | Speciality | Tenancy | Single |
| Property Subtype | Car Wash | Level Access Doors | 3 |
| Building Class | C |
| Price | £1,810,589 |
| Price Per SF | £779 |
| Sale Type | Investment |
| Net Initial Yield | 5.50% |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 2,325 SF |
| Number of Floors | 1 |
| Year Built | 2023 |
| Tenancy | Single |
| Level Access Doors | 3 |
Amenities
- Bus Route
- Signage
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PROPERTY TAXES
| Parcel Number | I39101502-0032 | Improvements Assessment | £142,562 |
| Land Assessment | £52,205 | Total Assessment | £194,767 |
PROPERTY TAXES
Parcel Number
I39101502-0032
Land Assessment
£52,205
Improvements Assessment
£142,562
Total Assessment
£194,767
Contacts
-
Phil Sambazis -
Mark Ruble -
Christopher Lind -
Zack House -
Michael Glass -
Marcus & Millichap
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4215 Linden Ave - Chipotle Drive-Thru
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