4215 Linden Ave - Chipotle Drive-Thru
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4215 Linden Ave - Chipotle Drive-Thru
2,325 SF Specialty Building Offered at $2,314,000 at a 5.50% Cap Rate 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 | $2,314,000 | Lot Size | 0.62 AC |
| Price Per SF | $995 | Building Size | 2,325 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.50% | Year Built | 2023 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Car Wash | No. Drive In / Grade-Level Doors | 3 |
| Building Class | C |
| Price | $2,314,000 |
| Price Per SF | $995 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 2,325 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 3 |
Amenities
- Bus Line
- Signage
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PROPERTY TAXES
| Parcel Number | I39101502-0032 | Improvements Assessment | $95,250 |
| Land Assessment | $66,720 | Total Assessment | $161,970 |
PROPERTY TAXES
Parcel Number
I39101502-0032
Land Assessment
$66,720
Improvements Assessment
$95,250
Total Assessment
$161,970
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Phil Sambazis -
Power Broker Mark Ruble -
Power Broker Christopher Lind -
Zack House -
Michael Glass -
Marcus & Millichap
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4215 Linden Ave - Chipotle Drive-Thru
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