835 Canfield Niles | Austintown, OH 44515
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- LoopNet Team
835 Canfield Niles
Austintown, OH 44515
Priced to Sell: New Chipotle -NO LL Managment · Retail Property For Sale
Investment Highlights
- Priced to Sell!! Brand-New Construction on Oversized 1.20-Acre Lot - NOW OPEN: Chipotle Mexican Grill (NYSE: CMG) with Approx. 3,200 Locations
- New 10-Year NNN Lease with 10% Rental Increases Every 5 Years, Including Option Periods
- Huge Growth!: -2022 Net Income of $899 Million, Increase of 37.7% Over 2021 & Total Revenue of $8.60 Billion, Increase of 26.4% Over Previous Yr.
- Hands Off Ownership: Very Rare Lease Structure - Tenant Responsible for Roof R&M & Replacement: NO DAILY MANAGEMENT RESPONSIBILITIES
- Major Site Draw: At Entrance to the $250-Million Hollywood Gaming at Mahoning Valley: Attracts 1 Million Patrons Annually, Employs 500+
- New Brick & Block Prototype Design with Highly Visible Pylon Signage, Drive-Thru Concept for Pickup of Online/Mobile Orders and Outdoor Patio
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,325 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.20 AC
Zoning
Retail
Frontage
197 ft on North Canfield Niles Road
Amenities
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 48-090-0-008.02-0 | Improvements Assessment | $206,958 |
| Land Assessment | $180,602 | Total Assessment | $387,560 |
PROPERTY TAXES
Parcel Number
48-090-0-008.02-0
Land Assessment
$180,602
Improvements Assessment
$206,958
Total Assessment
$387,560
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