1838 Baseline Rd | Phoenix, AZ 85041
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- LoopNet Team
1838 Baseline Rd
Phoenix, AZ 85041
STNL CHIPOTLE | 15-YR CORPORATE NET LEASE · Retail Property For Sale
Investment Highlights
- Long-term 15-year net lease with four (4) five (5) year renewal options
- Strong 10% increases every 5 years through the primary term and option periods
- Shadow anchored by new EOS Fitness, drawing traffic to the center
- Strong credit corporate guarantee from Chipotle Mexican Grill, Inc., with revenue of $8.63 billion
- New prototype with drive-thru, known as "Chipotlane"
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,325 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.81 AC
PROPERTY TAXES
| Parcel Number | 105-97-798 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $212,297 |
PROPERTY TAXES
Parcel Number
105-97-798
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$212,297
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