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Hospital Dr Batavia, OH 45103

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For Sale
$2,139,000

New Chipotle in Batavia, OH with long-term corporate lease.

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

Property Features for Hospital Dr

General Information

Size
2,325 SF
Lot size
2.82 Acres

Source: Graystone Capital Advisors Agent Julius Swolsky

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


Overview

New Single-Tenant Chipotle Restaurant

This property features a brand new single-tenant Chipotle restaurant located in Batavia, OH. The property is subject to a 10-year lease with 10% rental increases every 5 years. The lease is corporately guaranteed by Chipotle Mexican Grill, Inc. The property is located in a submarket within Clermont County, which has experienced 24.2% growth over the past two years. The average annual household income within a 1-mile radius is nearly $120,000. The property is accessible to State Road 32, which has a traffic volume of 36,000 vehicles per day. Clermont County has received over $162 million in investments in this corridor. Upon completion of planned developments, officials project an increase to 79,000 vehicles per day, 3,500 additional jobs created, and $1.5 billion in economic impact for the surrounding community. The property size is 2,325 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Drive through restaurants

Map

City
Batavia
County
Clermont
State
Ohio
Longitude
-84.15109
Latitude
39.081806

FAQs

What type of property is this?
Drive through restaurant - New Chipotle in Batavia, OH with long-term corporate lease.
Where is this drive through restaurant located?
The property is located at Hospital Dr Batavia, OH.
What is the asking price?
The asking price for this property is $2,139,000.
What are key features of this property?
This property features: - Brand new single-tenant Chipotle with a 10-year lease.; - Corporate guaranty from Chipotle Mexican Grill, Inc.; - 10% rental increases every 5 years.
More about this property
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