Payson, AZ 85541

Chipotle

Property Address

108 South Beeline Highway, Payson, AZ, USA

Offering Summary

  • Price: $2,680,000
  • Lot Size: 0.79 Acres
  • Cap Rate: 5.0%
  • Year Built: 2001 / 2022
  • Building SF: 2,505
  • Status: Available
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  • ±12 Years Remaining on Corporate Lease with Chipotle
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • High-Quality 2022 Remodel with a "Chipotlane" Drive-Thru
  • Chipotle Locations with a "Chipotlane" Generate 10 Percent More in Sales Than Traditional Chipotle Restaurants
  • ±20,000 Residents within a 5-Mile Radius
  • Situated Immediately Off the State Route 87, a Major Thoroughfare Through Payson and a Major Connector Providing a Direct Route Between Phoenix and Northern Arizona
  • Excellent Frontage at the Intersection of SR-87 and SR-260 (40,250 Cars per Day)
  • Dense Retail Corridor Location Surrounded by National Tenants: Safeway, Walgreens, Walmart, Bashas', AutoZone, and More

Broker Information