9820 West Indian School Road Phoenix, AZ 85037

Building Details

Year Built

2026

Listing office Cushman & Wakefield - Phoenix, Arizona Show Phone

Listing date Jul 9, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

Cushman & Wakefield is pleased to present a newly constructed, net leased Chipotle Mexican Grill investment. Built in 2026, the property features Chipotle’s newest prototype design and is secured by a corporate-guaranteed lease. The lease structure includes a 15-year primary term with 10% rental increases every five years.

The site is located in Phoenix, Arizona in the West Valley, less than one-half mile from Loop 101, a primary freeway corridor carrying approximately 177,921 vehicles per day. The property is also positioned directly across from approximately 3,298 residential units.

This offering provides investors with long-term lease security backed by Chipotle Mexican Grill, Inc., combined with contractual rent growth and a durable restaurant operating platform within a dense local trade area.

Key Highlights

• Newly constructed in 2026, Chipotle property with a 15‑year primary net lease term
• Tenanted by Chipotle Mexican Grill under a corporate‑guaranteed lease backed by Chipotle Mexican Grill, Inc.
• Scheduled 10% rental increases every five years for contractual long‑term rent growth

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FAQs

What type of property is this?

Conventional restaurant - Newly constructed Chipotle with a corporate-guaranteed lease and a 15-year primary term featuring scheduled rent increases.

Where is this conventional restaurant located?

The property is located at 9820 West Indian School Road Phoenix, AZ.

What is the asking price?

The asking price for this property is $4,112,000.

What are key features of this property?

This property features: Newly constructed in 2026, Chipotle property with a 15‑year primary net lease term; Tenanted by Chipotle Mexican Grill under a corporate‑guaranteed lease backed by Chipotle Mexican Grill, Inc.; Scheduled 10% rental increases every five years for contractual long‑term rent growth