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3535 US Hwy 280/431 Phenix City, AL 36867

For Sale
$2,927,835

High-traffic location, strong tenant.

Property size:
2,325 SF

Description

Added:
Jan 24, 2025
Days on Market:
325
This exceptional investment opportunity presents a newly constructed Chipotle restaurant featuring their latest "Chipotlane" drive-thru design. Located in Phenix City, Alabama, within the Columbus, Georgia MSA, this property boasts a brand new 15-year absolute NNN lease, corporately guaranteed by Chipotle Mexican Group, Inc. (NYSE: CMG). The lease includes a significant 10% rental increase every five years throughout the primary term and four subsequent five-year option periods, ensuring consistent and growing income. Situated on a 2.11-acre lot within a vibrant 11.6-acre development alongside other established national brands such as Starbucks, Outback Steakhouse, and Valvoline, this location benefits from exceptional visibility and accessibility on US Hwy 280, a major thoroughfare with over 38,000 vehicles daily. The property's strategic location is minutes from downtown Columbus and Fort Moore United States Army post, a substantial employer supporting over 120,000 individuals. The surrounding area is densely populated, with over 98,000 residents within a five-mile radius, further enhancing the property's investment potential. The 2,325 square foot building offers a stable, long-term investment with zero landlord responsibilities. This is an ideal opportunity for investors seeking a secure, high-return investment with minimal management requirements. The property's strong tenant, prime location, and favorable lease terms make it a compelling addition to any portfolio.

Property Features for 3535 US Hwy 280/431

General Information

Property type
Other retail properties
Square Feet
2,325 SF
Price / Square Foot
$1,259
Elevators
N/A
Net Rentable
2,325 SF
Lot Size
91,912 SF
Net Operating Income
$142,000

Building Details

Year Built
2024
Buildings
1
Stories
1

HighLights

  • Brand new 2024 Chipotle with drive‑thru in high‑traffic location.
  • 15‑year absolute NNN lease, corporately guaranteed, includes 10% rent increases every 5 years.
  • Located near other major brands in a dense trade area with over 98,000 residents within 5 miles.
Property Profile Location Intelligence

Current Use by Public Records

Retail properties

Map

City
Phenix City
State
Alabama

FAQs

What type of property is this?
Other retail property - High-traffic location, strong tenant.
Where is this other retail property located?
The property is located at 3535 US Hwy 280/431 Phenix City, AL.
What is the asking price?
The asking price for this property is $2,927,835.
What are key features of this property?
This property features: Brand new 2024 Chipotle with drive-thru in high-traffic location.; 15-year absolute NNN lease, corporately guaranteed, includes 10% rent increases every 5 years.; Located near other major brands in a dense trade area with over 98,000 residents within 5 miles.
More about this property
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