108 S Beeline Hwy - Fast Food FOR SALE
Payson, AZ 85541 |
108 S Beeline Hwy
Payson, AZ 85541
HIGHLIGHTS
- ±12 Years Remaining on Corporate Lease with Chipotle
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- High-Quality 2022 Remodel with a "Chipotlane" Drive-Thru
- Chipotle Locations with a "Chipotlane" Generate 10 Percent More in Sales Than Traditional Chipotle Restaurants
- ±20,000 Residents within a 5-Mile Radius
- Situated Immediately Off State Route 87, a Major Thoroughfare Through Payson
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Chipotle Drive-Thru (Chipotlane)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
2505
STORIES
1
YEAR BUILT
2001
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
304-02-049D
