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Chipotle - New 15 Year NNN Lease 34712 Center Ridge Rd

2,325 SF 100% Leased Retail Building North Ridgeville, OH 44039 $2,261,592 ($973/SF) 5.61% Cap Rate

Retail Space Ohio North Ridgeville 34712 Center Ridge Rd, North Ridgeville, OH 44039

Investment Highlights

  • Corporate Lease Guaranteed by Chipotle Mexican Grill, Inc.
  • 14+ Years Guaranteed Term Remain with 10% Increases Every 5 Years
  • Located in Thriving Retail Corridor with High Incomes and Household Growth
  • Outlot to 55,000 SF Marc's Grocery Store Generating Daily Needs Customers
  • Brand New Building with Chipotle's Newest Prototype
  • North Ridgeville is Ranked the 4th Best Place for Homeownership in Ohio

Attachments

Chipotle - New 15 Year NNN Lease - N Ridgeville OH

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
2,325 SF
Year Built
2023
Price
$2,261,592
Price Per SF
$973
Cap Rate
5.61%
NOI
$126,803
Percent Leased
100%
Building Height
1 Story
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Nearby Major Retailers

Scooter's Coffeehouse
Marc's
PNC Bank
Citizens Bank
Northwest Bank
Bank of America
Giant Eagle
Biggby Coffee
ALDI
Anytime Fitness
(216) 381-8200

Contact

  • Listing ID: 32199728

  • Date on Market: 6/20/2024

  • Last Updated:

  • Address: 34712 Center Ridge Rd, North Ridgeville, OH 44039

The Retail Property at 34712 Center Ridge Rd, North Ridgeville, OH 44039 is currently available for sale. Contact Goodman Real Estate Services Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Chipotle - New 15 Year NNN Lease | 34712 Center Ridge Rd
(216) 381-8200 x

Chipotle - New 15 Year NNN Lease | 34712 Center Ridge Rd

Kyle Hartung

(216) 381-8200

(216) 381-8200

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