Phoenix, AZ 85041


Property Address

1838 West Baseline Road, Phoenix, AZ 85041, USA

Offering Summary

  • Price: $3,010,753
  • Lot Size: 0.81 Acres
  • Year Built: 2023
  • Building SF: 2,400
  • Status: In Escrow
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  • New 15-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
  • Shadow-Anchored by Newly Built EOS Fitness
  • Excellent Visibility and Access Along Baseline Road with Roughly 24,000 Cars per Day
  • Rapidly Growing Trade Area with Population and Household Projected to Increase 5 – 8% in the Next 5 Years, Located in Maricopa County, Fasted Growing County in the U.S.
  • Surrounded by National Tenants: Lowe’s, CVS, Goodwill, Starbucks, Dunkin’, McDonald’s, and Many More

Broker Information