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7518 Beechwood Centre Rd Avon, IN 46123

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For Sale
$3,524,000

New 15-year NNN lease Chipotle with drive-thru.

Property size:
3,020 SF
Lot size:
1.06 Acres

Property Features for 7518 Beechwood Centre Rd

General Information

Size
3,020 SF
Lot size
1.06 Acres

Source: Marcus & Millichap | Phoenix Agent Mark Ruble

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

New Chipotle with Drive-Thru

This property features a new 15-year absolute NNN lease with zero landlord responsibilities. The lease includes 10% increases every 5 years throughout the base term and options. It is corporately guaranteed by a Fortune 500 company with over 3,679 locations and $10.98 billion in annual revenue. The average unit-level sales for Chipotle is nearly $3.5 million in the U.S., equating to a 5.3% rent-to-sales ratio at this location. The property showcases a brand new prototype with a "Chipotlane" drive-thru on a 1+ acre parcel. It serves over 120,700 residents in a rapidly growing suburb of Indianapolis. Hendricks County is one of the fastest-growing counties in the U.S. The average household incomes exceed $114K within 1 mile and $128K within 3 miles. The property size is 3,020 square feet and is suitable for drive-through restaurants, restaurants, retail, NNN, specialty, storefront, and individual retail purposes.
Insight Report Location Intelligence

Current Use by Public Records

Warren Drywall And Painting Dry Wall Contractor

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Avon
County
Hendricks
State
Indiana
Longitude
-86.386102
Latitude
39.764841

FAQs

What type of property is this?
Drive through restaurant - New 15-year NNN lease Chipotle with drive-thru.
Where is this drive through restaurant located?
The property is located at 7518 Beechwood Centre Rd Avon, IN.
What is the asking price?
The asking price for this property is $3,524,000.
What are key features of this property?
This property features: - New 15-Year Absolute NNN Lease, Zero Landlord Responsibilities; - Corporate Guaranty by Fortune 500 Company ($10.98 Billion Annual Revenue, 3,679+ Locations); - **Brand New Prototype with “Chipotlane” Drive-Thru on 1+ Acre Parcel**
More about this property
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