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337 W Mariposa Rd
Nogales, AZ 85621

Chipotle - Long Term 15-Year Lease · Retail Property For Sale

Investment Highlights

  • New 2023 retrofit with a drive-thru
  • Corporate Guaranty from Chipotle Mexican Grill, Inc.
  • Attractive 12.5% rent increases every 5 years to hedge against inflation
  • Long term 15-year lease
  • Brand new roof with 10 year warranty in place
  • Net lease with minimal landlord responsibilities (roof and structure)

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,000 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.51 AC
Zoning
Commercial - General Commercial
Parking
20 Spaces (6.68 Spaces per 1,000 SF Leased)
Frontage
140 ft on Mariposa Road

Amenities

  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
102-01-019
Land Assessment
$18,022
Improvements Assessment
$52,458
Total Assessment
$70,480
  • Listing ID: 27080807

  • Date on Market: 2022-11-09

  • Last Updated:

  • Address: 337 W Mariposa Rd, Nogales, AZ 85621

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