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Chipotle Mexican Grill

$2,730,000

2935 West Peterson Avenue, Chicago, IL 60659

Active
Last Updated: 04/24/2025

5.5

Cap Rate

150,000

NOI

Details:
Cap Rate:    5.5%
NOI:    $150,000
Building Size:    2,160 sqft
Lot Area:    0.39 acres
Lease Type:    Double Net
Year Built:    2006
Tenancy:    Single
Year Last Renovated:    2024
Highlights:
  • RARE 20-YEAR NET LEASE | INDUSTRY LEADING TENANT
  • NEAR “MAIN & MAIN” CORNER | HIGH TRAFFIC INTERSECTION
  • BRAND NEW 2024 BUILDOUT | RELOCATION FROM HIGH PERFORMING INLINE STORE
  • COVETED “CHIPOTLANE” LOCATION
  • PROXIMITY TO DOWNTOWN CHICAGO | NORTH SIDE NEIGHBORHOOD
Description:

Mid-America Real Estate Corporation has been retained by the owner to sell the fee simple interest in 2935 West Peterson Avenue, a Chipotle Mexican Grill operating on a rare 20- year net lease. The subject offering is a “Chipotlane” drive-thru store and is situated near the high-traffic intersection of West Peterson Avenue and North Lincoln Avenue.

Map:
Documents:
Title
Chipotle_-_West_Ridge_Chicago_OM.pdf
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Location
Gallery