5 Radcliffe Dr - Fast Food FOR SALE
Moosic, PA 18507 |
5 Radcliffe Dr
Moosic, PA 18507
HIGHLIGHTS
- New construction Chipotle build-to-suit offering zero deferred maintenance and tax shelter via deprecation for the landlord
- Chipotle executed a new 15-year NNN lease with three options to renew and a commencement/completion date in fall of 2022
- Chipotle's newest prototype with “Chipotlane” which functions as a drive-thru and a pickup window for online orders
- The subject property’s lease includes 10% rental increases every 5 years in the base term of the lease and in each option period
- Will be the “go to” location as the next closest Chipotle is over 11 miles away and the closest Qdoba is 50+ miles away
- Less than 1 mile from on/off ramps to Interstate 81 which sees over 72,000 vehicles per day and situated approximately 4.5 miles from the Wilkes-Barre
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
STATUS
Demolished
BUILDING DETAILS
PROPERTY NAME
Chipotle | New Construction
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
2562
STORIES
1
YEAR BUILT
2022
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
18601010012,1860101001205
