New Single-Tenant Chipotle Restaurant

Hospital Dr, Batavia, OH

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For Sale

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

Type:RETAIL

Property size:

2,325 SF

Lot size:

2.82 Acres

Price / SF:

$920/SF

HighLights

Brand new single‑tenant Chipotle with a 10‑year lease.
Corporate guaranty from Chipotle Mexican Grill, Inc.
10% rental increases every 5 years.
Located in a high‑growth area of Batavia, OH, with 24.2% growth over the past two years.
High average annual household income of nearly $120,000 within a 1‑mile radius.
Accessible to State Road 32 with 36,000 VPD and projected increase to 79,000 VPD.

We can help!

Listing Contact

Julius Swolsky

For Sale

Contact for pricing

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

Type:RETAIL

Property size:

2,325 SF

Lot size:

2.82 Acres

Price / SF:

$920/SF

Added:: Mar 13, 2024
Days on Market:: 824
Last Refresh:: May 20 at 8:39 pm

Property Features for Hospital Dr

General Information

Standard status: Active
Size: 2,325 SF
Lot size: 2.82 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Julius Swolsky

Listing agent Julius Swolsky

Listing office Graystone Capital Advisors

Listing date Mar 13, 2024

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 Graystone Capital Advisors

HighLights

Brand new single‑tenant Chipotle with a 10‑year lease.
Corporate guaranty from Chipotle Mexican Grill, Inc.
10% rental increases every 5 years.
Located in a high‑growth area of Batavia, OH, with 24.2% growth over the past two years.
High average annual household income of nearly $120,000 within a 1‑mile radius.
Accessible to State Road 32 with 36,000 VPD and projected increase to 79,000 VPD.

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Drive through restaurants

Map

City: Batavia
County: Clermont
State: Ohio
Longitude: -84.1511
Latitude: 39.0818

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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.

Hospital Dr, Batavia, OH

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

Property Features for Hospital Dr

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Map

Nearby Similar for Sale

Turnkey Bait Shop on 6.74 Acres

PetSuites Retail Investment Opportunity

Equestrian Training Facility Near WEC

Spacious Industrial Property with Rail Access

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