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Peoria (Phoenix), AZ 85383
Chipotle
Property Address
28576 North El Mirage Road, Peoria, AZ, USA
Offering Summary
Price:
$3,600,000
Lot Size:
.72 Acres
Year Built:
2023
Building SF:
2,400
Status:
Closed
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Broker
New 20-Year Triple-Net (NNN) Corporate Lease with Chipotle
10 Percent Rental Increases Every Five Years
New 2023 Construction with a "Chipotlane" Drive-Thru and 15-Year Roof Warranty
Chipotle Locations with a "Chipotlane" Generate 10 Percent More in Sales Than Traditional Chipotle Stores
Situated within Vistancia, One of the State's Largest Master-Planned Communities with Over 58,000 Residents
Across from Safeway and Surrounded by National Tenants - Walgreens, Circle K, Chase, etc.
Average Household Income Exceeds $143,000 within a Three-Mile Radius
Rapidly Growing Trade Area with Households and Population Projected to Increase Roughly 28 Percent in a Three-Mile Radius by 2027
Adjacent to a New AutoZone and Retail Coming Soon and One Mile from a New Fry's Marketplace Currently in Development
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
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