Newly Built Chipotle NNN Ground
For Sale
Contact for pricing
5995 Andrews Rd, Mentor, OH 44060
Fee simple interest in a corporate Chipotle Mexican Grill lease completed summer 2024 with 13+ years remaining.
Property Size2,926 SF
Lot Size1.45 Acres
Price / SF$1,105
Days on Market67
Property Features for 5995 Andrews Rd
General Information
Standard status
Active
Size
2,926 SF
Lot size
1.45 Acres
Property subtype
RETAIL
Building Details
Year Built
2024
Tenancy
Single
Listing Agency:
Goodman Real Estate
(216) 381-8200
Listed By:
Kyle Hartung · License #SAL.2003016343
(216) 342-9305
Source:
Moodyscre
Added: Jul 1
Changed: Sep 4
Last Checked: Sep 5 at 12:58PM
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 Goodman Real Estate
Investment Insights
Based on property information with market context.
For sale as fee simple interest in a corporate lease with Chipotle Mexican Grill, Inc. The restaurant building was completed in summer 2024 and is described as featuring an absolute NNN base term of 13+ years remaining, plus options.
The property is located on Andrews Road directly in front of a 66,000-square-foot Giant Eagle grocery store. The site is positioned at the main signalized entrance to Giant Eagle, and the listing notes that the store is a top 15 location in Giant Eagle’s 80+ store portfolio.
The offering includes 1.45 acres, with the listing describing potential for future residual value and additional development.
The property is located on Andrews Road directly in front of a 66,000-square-foot Giant Eagle grocery store. The site is positioned at the main signalized entrance to Giant Eagle, and the listing notes that the store is a top 15 location in Giant Eagle’s 80+ store portfolio.
The offering includes 1.45 acres, with the listing describing potential for future residual value and additional development.
Key Highlights
- Fee simple interest in a corporate Chipotle Mexican Grill, Inc. lease in Mentor‑On‑The‑Lake, Ohio
- Building completed summer 2024 with 13+ years of absolute NNN base term remaining plus options
- Lease is structured as Chipotle’s newest NNN format and described as hands‑off for the owner
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Explore this area
Business Placement
Demographics for 44060, OH
60,360
Population
27,276
Households
2.2
Avg Household Size
47
Median Age
35%
College-Educated
96%
High-School Grad
39.9 sq mi
ZIP Area
1,513
Density / Sq Mi
$85,881
Median Household Income
$51,736
Median Earnings
$1,156
Median Rent
$227,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Fee simple interest in a corporate Chipotle Mexican Grill lease completed summer 2024 with 13+ years remaining.
Where is this nnn property located?
The property is located at 5995 Andrews Rd Mentor, OH.
What is the asking price?
The asking price for this property is $3,235,000.
What are key features of this property?
This property features: Fee simple interest in a corporate Chipotle Mexican Grill, Inc. lease in Mentor‑On‑The‑Lake, Ohio; Building completed summer 2024 with 13+ years of absolute NNN base term remaining plus options; Lease is structured as Chipotle’s newest NNN format and described as hands‑off for the owner
