Chipotle – Zanesville

Zanesville, Ohio

Offering Summary

  • Status: active
  • Price: $1,981,000
  • CAP Rate: 5.75%
  • GLA: 2,325 SF
  • Net Operating Income: $113,925
  • Year(s) Built: 2023
  • Lot Size (Acres): 0.6
  • High-Performing Location — Store reports sales at nearly twice the national Chipotle average, signaling strong underlying real estate fundamentals and low re-tenanting risk.  Top 30% Location Nationwide & OH via Placer
  • Newer 2023 Construction — Recently completed to Chipotle’s latest prototype, featuring the high-demand Chipotlane drive-thru format that has consistently outperformed traditional layouts.
  • Corporate Net Lease with ~7 Years Remaining — Secured by a 10-year lease guaranteed directly by Chipotle at the corporate level, with limited landlord responsibilities and predictable, passive income.
  • Corporate  Location – Investment-Grade Credit — Backed by a corporate guaranty from Chipotle (NYSE: CMG), rated Baa1 by Moody’s, providing institutional-quality tenancy and financial stability.
  • Store Equipped with Mission-Critical “Chipotlane” Drive-Thru — Chipotle Reports Digital Orders (Pickup or Delivery) are Responsible for 37% of 2025 Sales
  • Built-In Rent Growth — Contractual 10% rental increases every five years, including throughout all four five-year renewal options, offering a clear inflation hedge and rising residual value.
  • Prime I-70 Interstate Frontage — Direct visibility and access along one of the nation’s most heavily traveled east-west corridors, connecting Columbus to key Midwest and East Coast markets.
  • High Hotel Density — Five nationally branded hotels within a one-block radius drive consistent daily foot and vehicle traffic from travelers, business professionals, and overnight guests.
  • Columbus Growth Market — Located roughly 50 miles east of Columbus, among the fastest-growing metros in the Midwest, home to five Fortune 500 companies and Intel’s semiconductor investment.
  • Minimal Management, Passive Ownership — NNN lease structure with the landlord responsible only for roof and structure, delivering a largely hands-off, mailbox-money profile ideal for 1031 and passive investors.
EXCLUSIVELY LISTED BY:

Erin Patton

Senior Managing Director