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Newly Built Chipotle NNN Ground Lease

5995 Andrews Rd Mentor, OH 44060

5995 Andrews Rd, Mentor, OH, 44060
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For Sale
Contact for pricing

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 Market22

Property Features for 5995 Andrews Rd

General Information

Standard status
Active
Size
2,926 SF
Lot size
1.45 Acres
Property subtype
RETAIL
Listing agency Goodman Real Estate
Listed by Kyle Hartung · License #SAL.2003016343
Source Moodyscre
Added: Jul 1 Updated: Jul 21 at 11:13PM Checked: Jul 21 at 11:13PM

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.

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

Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Real Estate Agency Building Supply Restaurant Law Firm Dental Office Auto Repair Shop Big Box & Wholesale Store Spa & Massage Center Auto Parts Store Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
Contact an agent
(216) 342-9305 Call to check price and availability
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