7518 Rockville rd - Restaurant FOR SALE
Avon, IN 46123 |
$3,627,000 USD
858-373-3174
7518 Rockville rd
Avon, IN 46123
HIGHLIGHTS
- New 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
- 10% Increases Every 5 Years Throughout the Base Term and Options
- Single-Tenant Offerings Chipotle Drive-Thru 7518 E. U.S. Highway 36 Avon (Indianapolis MSA), IN Price:$3,627,000Cap Rate:5.10%NOI:$185,000Renta
- Average Unit-Level Sales for Chipotle is Nearly $3.5 Million in the U.S., Equates to a 5.3% Rent-to-Sales Ratio at this Location
- Brand New Prototype with “Chipotlane” Drive-Thru on 1+ Acre Parcel
- Serving Over 120,700 Residents in Rapidly Growing Suburb to Indianapolis
FOR SALE DETAILS
PRICE
$3,627,000 USD
PRICE/SF
$1,201 USD /SF
CAP RATE
5.1%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Chipotle Drive-Thru
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
-
APN/PARCEL ID
32-10-02-452-002.000-031
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858-373-3174
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858-373-3174
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