Chipotle Drive-Thru
Single-Tenant Offerings
Chipotle Drive-Thru
3921 Wilder Road
Bay City, MI
- Price:
- $1,876,000
- Cap Rate:
- 5.70%
- NOI:
- $106,950
- Rentable SQFT:
- 2,325 SF
- Year Built:
- 2024
- Lot Size:
- 0.75 +/- Acres
- Lease Type:
- NN
- Status:
- Under Contract
Investment Highlights
- 15-Year Lease with Increases Throughout Base Term and Options
- Corporate Guaranty, Fortune 500 Company with 3,304+ Locations and $9.53 Billion in Annual Revenue
- Chipotle’s Stock (NYSE: CMG) is Up Approximately 345% Over the Last 5 Years
- Average Unit-Level Sales for Chipotle is Nearly $3 Million in the U.S.
- Brand New Prototype with “Chipotlane” Drive-Thru, Limited Landlord Responsibilities
- Serving Over 102,000 Residents in Bay County
- Strategic Location, the First and Only Chipotle in the County
- Outparcel to High-Performing Walmart Supercenter and Home Depot
- Visible to Over 41,600 Cars/Day at Signalized Intersection, Primary Retail Corridor
- Just Off I-75 with 43,000+ Cars/Day, Direct Access to Detroit
- Strong Daytime Population, Over 23,600 Employees in the Immediate Trade Area
- Close Proximity to GM’s Bay City Plant, GM to Invest $216 Million in Plant
- Surrounded by Several K-12 Schools with Nearly 7,000 Students
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