1620 Veterans PkwyJeffersonville, IN 47130
High-yield Chipotle, Jeffersonville, IN
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- $2,790,000 asking price for a fee-simple interest in a Chipotle restaurant.
- Net lease, NNN, with a corporate guarantee from Chipotle Mexican Grill.
- 15-year lease with four 5-year options; 10% rent increases at the beginning of each option period.
- 2,325 square feet, 100% occupancy, $139,500 NOI, 5.00% cap rate, $1,200 price per square foot.
- Located at a signalized intersection in Jeffersonville, IN (Louisville MSA), with excellent visibility and a drive-thru. The property is an outparcel to a major community center with strong national tenants nearby.
- 0.78-acre lot with 36 parking spaces; built in 2023. Strong demographics in the 5-mile trade area.
Property Details for 1620 Veterans Pkwy
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,325 SF
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 33,977 SF
- Units
- 1
Location Insight
- City
- Jeffersonville
- County
- Clark
- State
- Indiana
- Latitude
- 38.3282449
- Longitude
- -85.7437739
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].