8099 E McDowell Rd - Fast Food FOR SALE


Scottsdale, AZ 85257- South Scottsdale
$3,200,000 USD
602-687-6766
8099 E McDowell Rd, Scottsdale, AZ for Sale
$3,200,000 USD
Fast Food - FOR SALE
1/6
null | 4.5% Cap Rate

8099 E McDowell Rd
Scottsdale, AZ 85257
South Scottsdale


HIGHLIGHTS

  • Rare Opportunity to Buy in Scottsdale
  • 8+ Years Remaining on Corporate Lease with Chipotle (NYSE: CMG)
  • 282,636 Residents within a 5-Mile Radius - Households and Population Projected to Increase 4% in the Surrounding Area by 2030
  • Multiple Renewal Options with 10% Rental Increases Every 5 Years
  • Average Household Income Exceeds $107,000 within 3 Miles
  • Frontage Along McDowell Road with 53,000+ Cars per Day at the Corner of McDowell Road and Hayden Road

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. Adjacent to the Greater Phoenix Area, Scottsdale is known as “the West’s most Western town” and was described in the New York Times as “a desert version of Miami’s South Beach.” With a population of more than 240,000, the City of Scottsdale is among Arizona’s ten largest cities.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$372 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle - Scottsdale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,758 SF

ZONING

C

APN/PARCEL ID

131-09-002Q

ASK ABOUT THIS PROPERTY

Mark RubleMarcus & MillichapMore Info
602-687-6766

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

Mark RubleMarcus & MillichapMore Info
602-687-6766

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