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4100 Belmont Ave Youngstown, OH 44505

For Sale
$2,049,152

Corporate guaranteed Chipotle lease with drive-thru and freeway access.

Property size:
2,325 SF
Lot size:
0.61 Acres

Property Features for 4100 Belmont Ave

General Information

Size
2,325 SF
Lot size
0.61 Acres

Source: Goodman Real Estate Agent Kyle Hartung

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


Overview

Youngstown Chipotle with Drive-Thru

Available for sale to qualified investors is the fee simple interest in a corporate lease with Chipotle Mexican Grill, Inc., located in Youngstown, Ohio. The 2,325 square foot building features a drive-thru, indoor seating, and outdoor patio seating. The property is located at the Interstate 80 exit serving Liberty and Youngstown, Ohio, adjacent to Starbucks. The lease features a corporate guaranty and has 9 years of guaranteed term remaining with 10% increases every 5 years. Chipotle is responsible for the groundskeeping and parking lot. Also included is a transferable 20-year roof warranty. The property is surrounded by other retail, hospitality, and businesses, and is convenient to customers both locally and more regionally from adjacent Interstate 80 exits. Investment in this asset will offer the buyer the opportunity to own a corporate lease with a prototypical building with freeway access and exposure. The property can be used as a drive-through restaurant or a standard restaurant, or as a retail property.
Insight Report Location Intelligence

Current Use by Public Records

Chipotle Mexican Grill Mexican Restaurant

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
Youngstown
County
Mahoning
State
Ohio
Longitude
-80.665451
Latitude
41.156777

FAQs

What type of property is this?
Drive through restaurant - Corporate guaranteed Chipotle lease with drive-thru and freeway access.
Where is this drive through restaurant located?
The property is located at 4100 Belmont Ave Youngstown, OH.
What is the asking price?
The asking price for this property is $2,049,152.
What are key features of this property?
This property features: - Corporate lease with Chipotle Mexican Grill, Inc. with a corporate guaranty.; - 9 years of guaranteed lease term remaining with 10% rental increases every 5 years.; - Rare "hands-off" Chipotle lease with Chipotle responsible for groundskeeping and parking lot maintenance.
More about this property
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