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835 Canfield Niles
Austintown, OH 44515

Priced to Sell: New Chipotle -NO LL Managment · Retail Property For Sale

Investment Highlights

  • Priced to Sell!! Brand-New Construction on Oversized 1.20-Acre Lot - NOW OPEN: Chipotle Mexican Grill (NYSE: CMG) with Approx. 3,200 Locations
  • New 10-Year NNN Lease with 10% Rental Increases Every 5 Years, Including Option Periods
  • Huge Growth!: -2022 Net Income of $899 Million, Increase of 37.7% Over 2021 & Total Revenue of $8.60 Billion, Increase of 26.4% Over Previous Yr.
  • Hands Off Ownership: Very Rare Lease Structure - Tenant Responsible for Roof R&M & Replacement: NO DAILY MANAGEMENT RESPONSIBILITIES
  • Major Site Draw: At Entrance to the $250-Million Hollywood Gaming at Mahoning Valley: Attracts 1 Million Patrons Annually, Employs 500+
  • New Brick & Block Prototype Design with Highly Visible Pylon Signage, Drive-Thru Concept for Pickup of Online/Mobile Orders and Outdoor Patio

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,325 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.20 AC
Zoning
Retail
Frontage
197 FT on North Canfield Niles Road

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-090-0-008.02-0
Land Assessment
$165,620
Improvements Assessment
$189,790
Total Assessment
$355,410
  • Listing ID: 27869644

  • Date on Market: 3/2/2023

  • Last Updated:

  • Address: 835 Canfield Niles, Austintown, OH 44515

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