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Avon, IN (Indianapolis MSA) 46123
Chipotle Drive-Thru
Property Address
7518 East US Highway 36, Avon, IN, USA
Offering Summary
Price:
$3,627,000
Lot Size:
1.06 Acres
Cap Rate:
5.10%
Year Built:
2025
Building SF:
3,020
Status:
Available
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Principal
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New 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
10% Increases Every 5 Years Throughout the Base Term and Options
Corporate Guaranty (3,679+ Locations) by Fortune 500 Company, $10.98 Billion in Annual Revenue
Average Unit-Level Sales for Chipotle is Nearly $3.5 Million in the U.S., Equates to a 5.3% Rent-to-Sales Ratio at this Location
Brand New Prototype with “Chipotlane” Drive-Thru on 1+ Acre Parcel
Serving Over 120,700 Residents in Rapidly Growing Suburb to Indianapolis
Hendricks County is One of the Fastest Growing Counties in the U.S.
Average Household Incomes Exceed $114K in 1 Mile and $128K in 3 Miles
Broker Information
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
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