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Chipotle Mexican Grill · Corporate Lease · New Construction

$2,195,000

1207 North Keller Drive, Effingham, IL 62401

Active
Last Updated: 04/13/2022

5.47

Cap Rate

2,284 sqft

Building Size

Details:
Cap Rate:    5.47%
Building Size:    2,284 sqft
Lot Area:    0.59 acres
Lease Type:    Double Net
Parking Spots:    43
Highlights:
  • Excellent Location
  • Double Net Lease
  • Corporate Guarantee
  • Superior Market Visibility
  • Major Interstate Convergence
  • 30-mile Trade Area
  • Strong Rent Increases
  • National Presence
Description:

Baum Realty Group has been exclusively retained by ownership to sell the Chipotle Mexican Grill property located in Effingham, IL. The freestanding restaurant is strategically situated along the area’s primary retail corridor with superior visibility and exposure along SR-33 (25,100 VPD). The site is located less than ¼ mile north of the I-57 and I-70 interchange (35,700 VPD). Effingham is known as “The Crossroads of Opportunity” given its location at the intersection of these two major interstate highways.

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Documents:
Title
Offering Memorandum
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