Chipotle Drive-Through Restaurant
For Sale
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40287 S Groesbeck Hwy, Clinton Twp, MI 48036
Newly constructed Chipotle on an outparcel with a Chipotlane pickup window at the Groesbeck Hwy and Church St intersection.
Property Size2,325 SF
Lot Size1.25 Acres
Days on Market121
Property Features for 40287 S Groesbeck Hwy
General Information
Standard status
Active
Size
2,325 SF
Lot size
1.25 Acres
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
CBRE
Listed By:
David Hesano · License #MI 6501300653
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 7:35AM
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 CBRE
Investment Insights
Based on property information with market context.
Newly constructed Chipotle Mexican Grill investment property featuring a prototypical 2,325-square-foot restaurant on 1.25 acres. The site includes a Chipotlane pickup window and is positioned on a hard-corner, traffic-controlled outparcel at the intersection of Groesbeck Hwy and Church St.
The restaurant is corporately operated and guaranteed under a 10-year lease signed prior to construction, with four (4) additional five-year option periods. Rent commenced on December 31, 2021, and includes a rent increase of $5/SF every five years throughout both the base term and the option periods. Landlord responsibilities are limited to the roof and structure.
The immediate trade area includes cross-access to nearby grocers such as Meijer and Aldi. The data also notes a five-mile residential population of 241,866 and references strong lunchtime traffic supported by Macomb County municipal offices, McLaren Hospital, and area industrial manufacturing facilities.
The restaurant is corporately operated and guaranteed under a 10-year lease signed prior to construction, with four (4) additional five-year option periods. Rent commenced on December 31, 2021, and includes a rent increase of $5/SF every five years throughout both the base term and the option periods. Landlord responsibilities are limited to the roof and structure.
The immediate trade area includes cross-access to nearby grocers such as Meijer and Aldi. The data also notes a five-mile residential population of 241,866 and references strong lunchtime traffic supported by Macomb County municipal offices, McLaren Hospital, and area industrial manufacturing facilities.
Key Highlights
- Newly constructed 2,325 SF Chipotle Mexican Grill on a 1.25‑acre outparcel at Groesbeck Hwy and Church St
- Chipotle signed a 10‑year lease with four (4) five‑year option periods
- Rent commenced December 31, 2021, with rent increases of $5/SF every five years during the base term and options
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
554
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Comerica Bank
Shops & Services
2,137 visits/mo
0.4 miles
Demographics for 48036, MI
22,517
Population
9,855
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
8.3 sq mi
ZIP Area
2,713
Density / Sq Mi
$65,109
Median Household Income
$36,730
Median Earnings
$1,018
Median Rent
$201,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Newly constructed Chipotle on an outparcel with a Chipotlane pickup window at the Groesbeck Hwy and Church St intersection.
Where is this conventional restaurant located?
The property is located at 40287 S Groesbeck Hwy Clinton Twp, MI.
What are key features of this property?
This property features: Newly constructed 2,325 SF Chipotle Mexican Grill on a 1.25‑acre outparcel at Groesbeck Hwy and Church St; Chipotle signed a 10‑year lease with four (4) five‑year option periods; Rent commenced December 31, 2021, with rent increases of $5/SF every five years during the base term and options
