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    New Chipotle with Drive-Thru Title is generated by Realmo AI

    6 St Andrews Blvd, Chillicothe, OH

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    New Chipotle with drive-thru in growing Ross County.

    Type:RETAIL
    Property size:
    2,325 SF
    Lot size:
    0.66 Acres
    Price / SF:
    $1,097/SF
    Added:
    Mar 14, 2024
    Days on Market:
    824
    Last Refresh:
    May 19 at 8:38 pm

    Property Features for 6 St Andrews Blvd

    General Information

    Standard status
    Active
    Size
    2,325 SF
    Lot size
    0.66 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Mark Ruble
    Mark Ruble

    Listing agent Mark Ruble License #(S):AZ:SA550593000,NV:S.0192964

    Listing office Marcus & Millichap | Phoenix

    Listing date Mar 14, 2024

    Source Moodyscre

    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 | Phoenix

    HighLights

    • 15‑Year Modified NNN Lease with 10% Increases Every 5 Years
    • Corporate Guaranty from Fortune 500 Company ($9.53 Billion Annual Revenue)
    • Brand New Prototype with “Chipotlane” Drive‑Thru
    • Strategic Location: Nearest Chipotle with a Drive‑Thru is Over 41 Miles Away
    • Adjacent to High‑Performing Kroger Anchored Center
    • Landlord Responsible for Structure Only

    Overview

    This property features a brand new prototype with a "Chipotlane" drive-thru. The location is strategic, as the nearest Chipotle with a drive-thru is over 41 miles away. It is adjacent to a high-performing Kroger-anchored center, serving over 76,800 residents in growing Ross County, which is 48 miles south of downtown Columbus. The property is subject to a 15-year modified NNN lease with 10% increases every 5 years. The landlord is responsible for the structure only. The lease is backed by a corporate guaranty from a Fortune 500 company with $9.53 billion in annual revenue and over 3,304 locations. Chipotle's stock (NYSE: CMG) has increased approximately 345% over the last 5 years, and the average unit-level sales for Chipotle is nearly $3 million in the US. The property size is 2,325 square feet.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Map

    City
    Chillicothe
    County
    Ross
    State
    Ohio
    Longitude
    -82.9824
    Latitude
    39.3331

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    FAQs

    What type of property is this?
    Drive through restaurant - New Chipotle with drive-thru in growing Ross County.
    Where is this drive through restaurant located?
    The property is located at 6 St Andrews Blvd Chillicothe, OH.
    What is the asking price?
    The asking price for this property is $2,552,631.
    What are key features of this property?
    This property features: 15‑Year Modified NNN Lease with 10% Increases Every 5 Years; Corporate Guaranty from Fortune 500 Company ($9.53 Billion Annual Revenue); Brand New Prototype with “Chipotlane” Drive‑Thru
    (602) 770-2935 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mark Ruble
    Mark Ruble
    Real Estate License ID: (S):AZ:SA550593000,NV:S.0192964
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