NNN Leased Chipotle

NNN Leased Chipotle

Sold

Indiana, PA 15701

$1,800,000 Marketing Sheet
Marcus & Millichap is pleased to present an Absolute NNN Chipotle Corporate 14-Year* lease with 10 percent increases every five years. The freestanding new construction 2,240-square foot building is located in Indiana, PA, a part of the Pittsburgh MSA and next to IUP – Indiana University of Pennsylvania. The subject property is located on route 286, just north of route 422. The new construction has excellent visibility and sees approximately 19,000 vehicles per day.

Cap Rate: 5.10% NOI: $91,840 Livable Sq. Ft: 2,240

Built in 2015 1 Retail units Lot Sq. Ft: 17,859

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