Phoenix, AZ 85032

Chipotle Drive-Thru

Property Address

3185 East Bell Road, Phoenix, AZ, USA

Offering Summary

  • Price: $3,176,470
  • Lot Size: 0.4 Acres
  • Cap Rate: 4.25%
  • Year Built: 2021
  • Building SF: 2,327
  • Status: In Escrow
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  • Brand New 10-Year Corporate Lease with Chipotle Mexican Grill
  • 10% Rental Increases Every 5 Years
  • 2021 Construction with “Chipotlane” Drive-Thru Concept
  • Chipotle Plans to Outfit 60% of Stores with a “Chipotlane” Drive-Thru. Stores with a Chipotlane are Among the Company’s Most Profitable Locations
  • 285,030 Residents within a 5-Mile Radius - Dense Phoenix Infill
  • Adjacent to New Construction - Sherwin-Williams and Bikini Beans
  • Hard Corner Location at the Intersection of West Bell Road and North 32nd Street (65,000+ Cars/Day)

Broker Information