$3,085,000 USD
844-585-7682
9185 Hwy dr
Circle Pines, MN 55014
Outer Coon Rapids/Fridley/Blaine
HIGHLIGHTS
- Single-Tenant Chipotle Drive-Thru Pad to Northway Center, a Festival Foods Grocery-Anchored Shopping Center
- New 15-Year NNN Lease
- 10% Increases Every 5 Years During the Base Term and Each of the Three 5-Year Options
- Corporate-Guaranteed Lease (NYSE: CMG); Over 3,800 Stores in the U.S., Canada, France, Germany, and the U.K.
- Total Revenue for 2024 Was $11.3 Billion, an Increase of 14.6% Compared to 2023
- Chipotle Is Targeting 7,000 Locations by Decade’s End, With Average Unit Volumes Set to Hit $4M+
FOR SALE DETAILS
PRICE
$3,085,000 USD
PRICE/SF
$1,327 USD /SF
CAP RATE
5.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Chipotle | Lexington, MN
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.56 AC
LAND SF
24,394 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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844-585-7682
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Please correct the highlighted field(s).
844-585-7682
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
