902 Scott Dr - Retail FOR SALE


Piqua, OH 45356
$2,840,000 USD
440-915-7902
902 Scott Dr, Piqua, OH for Sale
$2,840,000 USD
Retail - FOR SALE
1/10
null | 5.5% Cap Rate

902 Scott Dr
Piqua, OH 45356


HIGHLIGHTS

  • Just Reduced to Attractive 5.5% CAP! | Corporate, Single-Tenant Location with High-Profile, Publicly Traded Chipotle Mexican Grill (NYSE: CMG):
  • Brand-New Lease with a Full 15 Years of Term Remaining (No Early Termination Rights) and 10% Rental Increase in Years 6 & 11
  • NN Lease with No Daily Management Responsibilities, Tenant Responsible for All Roof R&M, As Well As Replacement
  • Ideal Demographics with Average Household Incomes of Approx. $80,000 (5 Mile Radius) in a Growing Residential Community
  • Positioned w/ Excellent Access & Visibility Along Piqua’s Main Roadway(US 36) & Directly Adjacent to Major Highway I-75, 76k+ VPD Surrounding Property
  • Redeveloped Parcel with Adjacent, Brand-New Hampton Inn and Brand-New Olive Garden for Continued Increased Foot Traffic

OVERVIEW

• Just Reduced to Attractive 5.5% CAP. • Corporate, Single-Tenant Location with High-Profile, Publicly Traded Chipotle Mexican Grill (NYSE: CMG): Brand-New Lease with a Full 15 Years of Term Remaining (No Early Termination Rights) and 10% Rental Increase in Years 6 & 11 • Brand-New Construction: Anticipated Opening on September 23, 2025 (Rent Commences on Opening Date) • NN Lease with No Daily Management Responsibilities, Tenant Responsible for All Roof R&M, As Well As Replacement • Redeveloped Parcel with Adjacent, Brand-New Hampton Inn and Brand-New Olive Garden for Continued Increased Foot Traffic • Ideal Demographics with Average Household Incomes of Approx. $80,000 (5 Mile Radius) in a Growing Residential Community with Emerging Employers, Commuter Traffic and Strategic Location Equidistant from Both Major Cities, Cincinnati and Columbus, Ohio • Strong Tenancy: Over 3,200 Restaurants Worldwide and 2024 Revenue of $11.314 Billion, Representing a 14.61% Increase Over the Previous Year • Positioned with Excellent Access and Visibility Along Piqua’s Main Roadway (US 36) and Directly Adjacent to Major Highway I-75, with Over 76,000 VPD Surrounding the Property • Latest Chipotle “Prototype Look” Including Chipotlane Drive-Thru and Highly Visible Pylon Signage • Sits Across from Kettering Health Piqua, Premier Health Women’s Center, Numerous Other Medical Offices, Insurance Agencies, Social Security Administration and Board of Education Office Drawing Traffic to the Corridor • Largest Single Site Employer in Ohio: Home to Wright-Patterson Air Force Base with 30,000 Airmen, Civilian and Contractor Employees • Direct Vicinity of Home Depot/Miami Valley Crossing Shopping Center and Walmart Supercenter in Main Retail Corridor Surrounded by Loads of Other Complimentary Retailers • Dayton Rated #3 City in the Nation Out of the Top 50 Cities in the United States by HealthGrades for “Excellence in Health Care,” Site Selection Magazine Ranked Dayton the “#1 Medium Sized MSA in the U.S. for Economic Development” and According to Bloomberg Businessweek, “Dayton is One of the Best Places in the U.S. for College Graduates to Find a Job” • Large Population Base: Over One Million People in the Greater Dayton Area and Only 22 Miles to Dayton International Airport

FOR SALE DETAILS

PRICE

$2,840,000 USD

PRICE/SF

$1,222 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Just Reduced! New 15 Yr. Chipotle | 5.5% CAP

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

-

APN/PARCEL ID

N44101816,N44101818

ASK ABOUT THIS PROPERTY

Dan CooperCooper Commercial Investment GroupMore Info
440-915-7902

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Dan CooperCooper Commercial Investment GroupMore Info
440-915-7902

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