3550 E Elk Ln - Retail FOR SALE


Fremont, NE 68025
$2,540,000 USD
614-202-9235
3550 E Elk Ln, Fremont, NE for Sale
$2,540,000 USD
Retail - FOR SALE
1/5
null | 5.65% Cap Rate

3550 E Elk Ln
Fremont, NE 68025


HIGHLIGHTS

  • 13+ Years Remaining on Corporate Lease with Chipotle
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • High-Quality 2023 Construction with a "Chipotlane" Drive-Thru
  • Chipotle Locations with a "Chipotlane" Generate 10 Percent More in Sales Than Traditional Chipotle Restaurants
  • Dense Retail Corridor Location Surrounded by National Tenants: Menards, ALDI, Walmart, Goodwill, Tractor Supply Co, and More
  • One Mile West of Gallery 23 East, a New Mixed-Use Development

OVERVIEW

Chipotle Mexican Grill, Inc. (NYSE: CMG) is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, known for its large burritos, assembly-line production, and use of natural ingredients. Fremont is a city in and the county seat of Dodge County in Nebraska. Home to more than 27,000 residents, Fremont is the sixth-most-populous city in the state.

FOR SALE DETAILS

PRICE

$2,540,000 USD

PRICE/SF

$1,092 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle Drive-Thru

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brennan CleggMarcus & MillichapMore Info
614-202-9235

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Brennan CleggMarcus & MillichapMore Info
614-202-9235

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.