5850 N Springboro Pike Dayton, OH
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New 15-year lease with corporate guaranty in Dayton, Ohio.
Type:RETAIL
Property size:
2,325 SFLot size:
0.48 AcresPrice / SF:
$1,252/SF- Added:
- Jan 30, 2025
- Days on Market:
- 454
- Last Refresh:
- Apr 5 at 10:51 pm
Property Features for 5850 N Springboro Pike
General Information
- Standard status
- Active
- Size
- 2,325 SF
- Lot size
- 0.48 Acres
- Property subtype
- RETAIL
Listing agent Mark Ruble License #AZ:SA550593000,NV:S.0192964 (602) 770-2935
Listing office Marcus & Millichap | Phoenix (602) 770-2935
Listing date Jan 30, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Phoenix
Overview
Chipotle with Drive-Thru For Sale
This property features a new 15-year lease with 10% increases every 5 years. It is corporately guaranteed by a Fortune 500 company with over 3,615 locations and $9.53 billion in annual revenue. The tenant, Chipotle, has seen its stock (NYSE: CMG) increase approximately 345% over the last 5 years. Average unit-level sales for Chipotle exceed $3 million in the U.S., resulting in a 5.3% rent-to-sales ratio for this store. The property showcases an upgraded prototype with brick and stone finishes and a "Chipotlane" drive-thru, with minimal landlord responsibilities. It is located in Dayton, Ohio, serving a population of over 157,700 residents centered amongst Dayton’s most affluent and growing suburbs. The property size is 2,325 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Drive through restaurants
Location Insight
- Map
- Local Demand
- City
- Dayton
- County
- Greene
- State
- Ohio
- Longitude
- -84.2187
- Latitude
- 39.6709
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - New 15-year lease with corporate guaranty in Dayton, Ohio.
Where is this drive through restaurant located?
The property is located at 5850 N Springboro Pike Dayton, OH.
What is the asking price?
The asking price for this property is $2,912,000.
What are key features of this property?
This property features: New 15‑Year Lease with 10% Rental Increases Every 5 Years; Corporate Guaranty from Fortune 500 Company with $9.53 Billion in Annual Revenue (3,615+ Locations); **Upgraded Prototype with Brick/Stone Finishes and “Chipotlane” Drive‑Thru, Minimal Landlord Responsibilities**
