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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

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    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**
    (602) 770-2935
    Request Owner's contact information
    7518 Beechwood Centre Rd Avon, IN 46123
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    Avon, IN 46123
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7518 Beechwood Centre Rd Avon, IN 46123
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