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Chipotle Mexican Grill 2420 E 146th St

4,000 SF Retail Building Carmel, IN 46033 $1,721,952 ($430/SF) 5.50% Cap Rate

Retail Space Indiana Carmel 2420 E 146th St, Carmel, IN 46033

Investment Highlights

  • Absolute NNN Lease – the landlord has zero expenses or responsibilities, providing for an ideal passive investment.
  • Affluent Area – Carmel, IN is the most affluent city in the state of Indiana. In a 1-mile radius, the average household income is $157,000.
  • Tenant Commitment – Chipotle renewed the lease in 2018, demonstrating their commitment to the location.
  • Corporate Guaranty – Chipotle Mexican Grill, Inc. has a market cap of $80B+ and has seen explosive growth over the recent years.
  • Excellent Retail Synergy – the property is situated within Cool Creek Commons, a premier shopping center home to top brand retailers.

Executive Summary

Broker of Record
Kyle Matthews
License No. RC52200195 (IN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,000 SF
Building Class
B
Year Built
2004
Price
$1,721,952
Price Per SF
$430
Cap Rate
5.50%
NOI
$94,707
Tenancy
Single
Building Height
1 Story
Building FAR
0.57
Lot Size
0.16 AC
Zoning
Commercial

Amenities

  • Signage
  • Signalized Intersection

Links

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Walk Score ®
Very Walkable (70)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Regions Bank
Stretchlab
PNC Bank
The National Bank of Indianapolis
McAlister's Deli
[solidcore]
F45 Training, Inc.
Kona Grill
SPENGA
Red Robin

PROPERTY TAXES

Parcel Number 29-10-18-000-014.207-015 Improvements Assessment $363,100
Land Assessment $750,500 Total Assessment $1,113,600

PROPERTY TAXES

Parcel Number
29-10-18-000-014.207-015
Land Assessment
$750,500
Improvements Assessment
$363,100
Total Assessment
$1,113,600
(818) 618-4522

Contact

  • Listing ID: 33925150

  • Date on Market: 11/19/2024

  • Last Updated:

  • Address: 2420 E 146th St, Carmel, IN 46033

More public record information on 2420 E 146th St, Carmel, IN 46033

The Retail Property at 2420 E 146th St, Carmel, IN 46033 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Chipotle Mexican Grill | 2420 E 146th St
(818) 618-4522 x

Chipotle Mexican Grill | 2420 E 146th St

Connor Olandt

(818) 618-4522

(818) 618-4522

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