2548 Lincoln Way E | Massillon, OH 44646
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- LoopNet Team
2548 Lincoln Way E
Massillon, OH 44646
Chipotle | New Construction | Rare ABS NNN · Retail Property For Sale
Investment Highlights
- New Construction Chipotle w/ Drive-Thru 15-Year Absolute NNN Lease in Massillon, Ohio (Canton MSA)
- Rare Absolute NNN Lease Structure – Zero Landlord Responsibilities
- Store Equipped with Mission-Critical “Chipotlane” Drive-Thru – Chipotle Reports Digital Orders (Pickup or Delivery) are Responsible for 39% of 2022
- 15-Year Lease Term (14 Years Remaining) with 10% Rent Increases Every 5 Years
- Corporate Guaranty from Chipotle Mexican Grill, Inc. (NYSE: CMG) - $57 Billion Market Cap & $8.6 Billion Revenue (FY2022)
- Prototypical 2,325 SF Restaurant Building on 0.8-Acre Lot with Frontage & Excellent Visibility; Has Outdoor Seating Area
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,325 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.80 AC
Zoning
CM
Frontage
67 FT on Ohio 172
PROPERTY TAXES
| Parcel Number | 10016133 | Improvements Assessment | $168,280 |
| Land Assessment | $182,000 | Total Assessment | $350,280 |
PROPERTY TAXES
Parcel Number
10016133
Land Assessment
$182,000
Improvements Assessment
$168,280
Total Assessment
$350,280
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