Lebanon, OH (Cincinnati MSA) 45036

Chipotle Drive-Thru

Property Address

1205 Columbus Avenue, Lebanon, OH, USA

Offering Summary

  • Price: $2,530,000
  • Lot Size: .80 Acres
  • Cap Rate: 5.55%
  • Year Built: 2023
  • Building SF: 2,443
  • Status: Available
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  • New 15-Year Lease with 10% Increases Every 5 Years
  • Corporate Guaranty (3,437+ Locations) by Fortune 500 Company, $10.98 Billion in Annual Revenue
  • Chipotle’s Stock (NYSE: CMG) has Increased Approximately 250% Over the Last 5 Years
  • Average Unit-Level Sales for Chipotle is Nearly $3.5 Million in the U.S., Equates to a 4% Rent-to-Sales Ratio for this Store
  • Brand New Prototype with “Chipotlane” Drive-Thru, Minimal Landlord Responsibilities
  • Serving Over 69,000 Residents in Rapidly Growing Trade Area, 30 Miles Northeast of Downtown Cincinnati
  • Warren County is One of the Fastest Growing Counties in Ohio, Attracts 13.4 Million Visitors Annually
  • Affluent Cincinnati Suburb, Average Household Incomes Exceed $105K in 3 Miles and $114K in 5 Miles

Broker Information