Chipotle (Mishawaka)

4411 Lincolnway E, Mishawaka, IN

$3,020,000

Price

5.2%

Cap Rate

$157,000

NOI

Overview
Cap Rate
5.2%
NOI
$157,000
Building Size
2,350 sqft
Lot Area
1.1 acres
Lease Type
Triple Net
Year Built
2023
Tenancy
Single
Description

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell a brand-new construction, 2,350 square foot Chipotle Mexican Grill with a drive-thru in Mishawaka, IN. The subject property is ideally positioned along Lincolnway East (State Highway 933) and features a 15-year absolute NNN lease.

Highlights
  • LONG TERM ABSOLUTE NNN LEASE
  • CORPORATE LEASE I INDUSTRY LEADING TENANT
  • BRAND NEW CONSTRUCTION | “CHIPOTLANE” DRIVE-THRU
  • EXCELLENT SUBRUBAN SOUTH BEND DEMOGRAPHICS
  • PROXIMITY TO MAJOR UNIVERSITIES
  • HIGHLY TRAFFICKED LOCATION
Documents
Title
Chipotle_-_Mishawaka__IN_-_OM.pdf
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Location
Gallery