Defiance, OH 43512

Chipotle Ground Lease

Property Address

1796 North Clinton Street, Defiance, OH, USA

Offering Summary

  • Price: $1,389,000
  • Lot Size: .57 Acres
  • Year Built: 2021
  • Building SF: 2,314
  • Status: CLOSED
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  • New 10-Year Triple-Net (NNN) Corporate Ground Lease
  • 10% Rental Increases Every 5 Years
  • 2021 Construction with “Chipotlane” Drive-Thru Concept
  • 21,603 Residents within a 5-Mile Radius
  • Outparcel to Walmart in the City’s Main Retail Corridor - Surrounding Retail Tenants Include Lowe’s, Meijer, Menard’s, Kohl’s, ALDI, Hobby Lobby, and More
  • Low Price Point and Rent
  • Down the Road (Less Than 1 Mile) from Defiance College (800 Students)
  • Average Household Income Exceeds $77,000 in Immediate Area

Broker Information