Chipotle Mexican Grill
$2,730,000
2935 West Peterson Avenue, Chicago, IL 60659
For Sale
Retail
Restaurant
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.
Documents:
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Chipotle_-_West_Ridge_Chicago_OM.pdf
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