The Cooper Commercial Investment Group brokered the sale of the brand-new, high-profile, single-tenant Chipotle Mexican Grill in Piqua, Ohio, a suburb of Dayton.
The corporately backed, nationally recognized tenant is secured by a new 15-year lease featuring 10% rental increases in years 6 and 11. Constructed to Chipotle’s latest prototype design, the property includes their namesake drive-thru, Chipotlane, patio seating, highly visible pylon signage and is strategically positioned right off major interstate I-75 and among several complementary retailers and office users, further reinforcing strong daily traffic and the brand’s position as one of the most sought-after quick-service restaurant tenants in today’s market…