Chipotle Drive-Through
For Sale
$1,981,000
695 Zane St, Zanesville, OH 43701
Newer single-tenant restaurant with a corporate-backed net lease and dedicated drive-through lane.
Property Size2,325 SF
Price / SF$852.04
Days on Market37
Property Features for 695 Zane St
General Information
Standard status
Active
Size
2,325 SF
Property subtype
Restaurant
Occupancy
100%
Lease Type
NNN
Site & Location
Drive-Thru
Yes
Highway Access
Yes
Road Access
Yes
Amenities
High-Performing Location — Store reports sales at nearly twice the national Chipotle average, signaling strong underlying real estate fundamentals & low re-tenanting risk. Top 30% Location Nationwide
Newer 2023 Construction — Recently completed to Chipotle's latest prototype, featuring the high demand Chipotlane drive-thru format that has consistently outperformed traditional layouts.
Corporate Net Lease with ~7 Years Remaining — Secured by a 10-year lease guaranteed directly by Chipotle at the corporate level, with limited landlord responsibilities and predictable, passive income.
Corporate Location - Investment-Grade Credit — Backed by a corporate guaranty from Chipotle (NYSE: CMG), rated Baa1 by Moody's, providing institutional-quality tenancy and financial stability.
Store Equipped with Mission-Critical "Chipotlane" Drive- Thru — Chipotle Reports Digital Orders (Pickup or Delivery) are Responsible for 37% of 2025 Sales
Built-In Rent Growth — Contractual 10% rental increases every five years, including throughout all four five-year renewal options, offering a clear inflation hedge and rising residual value.
Prime I-70 Interstate Frontage — Direct visibility and access along one of the nation's most heavily traveled east-west corridors, connecting Columbus to key Midwest and East Coast markets.
High Hotel Density — Five nationally branded hotels within a one block radius drive consistent daily foot and vehicle traffic from travelers, business professionals, and overnight guests.
Building Details
Building Size
2,325 SF
Year Built
2023
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap | Columbus
Listed By:
Erin Patton · License #License(s): OH: SAL.2004010274
(614) 360-9035
Source:
Marcusmillichap
Added: Aug 10
Changed: Sep 12
Last Checked: Sep 15 at 4:16AM
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 Marcus & Millichap | Columbus
Investment Insights
Based on property information with market context.
Completed in 2023, this 2,325-square-foot, single-tenant Chipotle Mexican Grill occupies a purpose-built restaurant with the brand’s Chipotlane drive-through format. The property includes a dedicated drive-through lane and is offered with the fee simple interest. It is leased under a corporate-guaranteed net lease with approximately seven years remaining in the primary term, 10% rental increases every five years, and four five-year renewal options. The tenant guaranty is supported by Chipotle’s Moody’s Baa1 credit rating.
Located at 695 Zane Street in Zanesville, Ohio, the property sits along the I-70 corridor with direct interstate access. The surrounding retail node includes a freestanding Starbucks and Texas Roadhouse, while a Pepsi bottling and distribution facility and five nationally branded hotels are located within one block. C-4 zoning applies to the site.
Located at 695 Zane Street in Zanesville, Ohio, the property sits along the I-70 corridor with direct interstate access. The surrounding retail node includes a freestanding Starbucks and Texas Roadhouse, while a Pepsi bottling and distribution facility and five nationally branded hotels are located within one block. C-4 zoning applies to the site.
Key Highlights
- 2,325‑square‑foot Chipotle restaurant completed in 2023
- Dedicated Chipotlane drive‑through format
- Corporate‑guaranteed net lease with approximately seven years remaining
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,288
Businesses Nearby
169k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 82%
Shops & Services 13%
Hotels & Casinos 5%
Texas Roadhouse
Dining
28,273 visits/mo
0.1 miles
Olive Garden
Dining
20,001 visits/mo
0.2 miles
Wendy's
Dining
19,482 visits/mo
0.4 miles
Cracker Barrel Old Country Store
Dining
17,741 visits/mo
0.4 miles
Starbucks
Dining
17,254 visits/mo
0.1 miles
Demographics for 43701, OH
55,361
Population
25,785
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
90%
High-School Grad
180.5 sq mi
ZIP Area
307
Density / Sq Mi
$54,900
Median Household Income
$34,345
Median Earnings
$819
Median Rent
$164,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Oriental Super Buffet — 445 Underwood St, Zanesville, OH 43701
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Newer single-tenant restaurant with a corporate-backed net lease and dedicated drive-through lane.
Where is this conventional restaurant located?
The property is located at 695 Zane St Zanesville, OH.
What is the asking price?
The asking price for this property is $1,981,000.
What are key features of this property?
This property features: 2,325‑square‑foot Chipotle restaurant completed in 2023; Dedicated Chipotlane drive‑through format; Corporate‑guaranteed net lease with approximately seven years remaining
