Chipotle Drive-Through Restaurant
40287 S Groesbeck Hwy Clinton Twp, MI 48036
For Sale
Contact for pricing
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 Market104
Property Features for 40287 S Groesbeck Hwy
General Information
- Standard status
- Active
- Size
- 2,325 SF
- Lot size
- 1.25 Acres
- Property subtype
- Retail
Listing Agency:
CBRE
Listed By:
David Hesano · License #MI 6501300653
Source:
Crexi
Added: Apr 11
Changed: Jul 23
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
Location Intelligence
Current Use by Public Records
Chipotle Mexican Grill
Restaurant
FAQs
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
