Hospital Dr Batavia, OH
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New Chipotle in Batavia, OH with long-term corporate lease.
Type:RETAIL
Property size:
2,325 SFLot size:
2.82 AcresPrice / SF:
$920/SF- Added:
- Mar 13, 2024
- Days on Market:
- 779
- Last Refresh:
- Apr 5 at 11:21 pm
Property Features for Hospital Dr
General Information
- Standard status
- Active
- Size
- 2,325 SF
- Lot size
- 2.82 Acres
- Property subtype
- RETAIL
Listing agent Julius Swolsky (419) 944-3704
Listing office Graystone Capital Advisors (419) 944-3704
Listing date Mar 13, 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 Graystone Capital Advisors
Overview
New Single-Tenant Chipotle Restaurant
This property features a brand new single-tenant Chipotle restaurant located in Batavia, OH. The property is subject to a 10-year lease with 10% rental increases every 5 years. The lease is corporately guaranteed by Chipotle Mexican Grill, Inc. The property is located in a submarket within Clermont County, which has experienced 24.2% growth over the past two years. The average annual household income within a 1-mile radius is nearly $120,000. The property is accessible to State Road 32, which has a traffic volume of 36,000 vehicles per day. Clermont County has received over $162 million in investments in this corridor. Upon completion of planned developments, officials project an increase to 79,000 vehicles per day, 3,500 additional jobs created, and $1.5 billion in economic impact for the surrounding community. The property size is 2,325 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Drive through restaurants
Map
- City
- Batavia
- County
- Clermont
- State
- Ohio
- Longitude
- -84.1511
- Latitude
- 39.0818
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FAQs
What type of property is this?
Drive through restaurant - New Chipotle in Batavia, OH with long-term corporate lease.
Where is this drive through restaurant located?
The property is located at Hospital Dr Batavia, OH.
What is the asking price?
The asking price for this property is $2,139,000.
What are key features of this property?
This property features: Brand new single‑tenant Chipotle with a 10‑year lease.; Corporate guaranty from Chipotle Mexican Grill, Inc.; 10% rental increases every 5 years.
