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Chipotle | Sharonville OH (Cincinnati MSA) 12154 Lebanon Rd 2,325 SF 4-Star Retail Building Sharonville, OH 45241 $4,155,672 CAD ($1,787.39 CAD/SF) 5.25% Cap Rate



Investment Highlights
- BRAND NEW CONSTRUCTION WITH CHIPOTLANE DRIVE-THRU: Convenient digital drive-thru ordering
- STRONG CORPORATE GUARANTEE: Backed by Chipotle Mexican Grill, Inc., with over 3,700 locations nationwide
- GROWING CINCINNATI MARKET: Projected to add about 248,000 new residents by 2050, where average annual household incomes are nearly $150,000
- LONG-TERM ABSOLUTE NNN LEASE: 15-year corporate lease with zero landlord responsibilities
- HIGH-VISIBILITY SHARONVILLE LOCATION: Strategically situated Kroger outparcel on US-42 with strong traffic counts and excellent visibility
Executive Summary
Grand Opening: Sept 29th 2025! This brand-new Chipotle property presents a premier passive investment opportunity, featuring state-of-the-art construction with the high-performing Chipotlane digital drive-thru format. The asset is secured by a 15-year absolute NNN corporate lease backed by Chipotle Mexican Grill, Inc. (NYSE: CMG), one of the nation’s most successful fast-casual restaurant operators with more than 3,700 locations nationwide. Chipotle’s strong digital sales platform and convenient drive-thru model make it both e-commerce and recession-resistant, ensuring reliable tenant performance. The property benefits from a prime Sharonville location, positioned as a Kroger outparcel along heavily trafficked U.S. Route 42 with excellent visibility in a dense, affluent suburb where average household incomes of $150,000. Supported by the growing Cincinnati metro, which is projected to gain nearly 248,000 new residents by 2050, this offering combines long-term income stability with strong market fundamentals.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,325 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$4,155,672 CAD
Price Per SF
$1,787.39 CAD
Cap Rate
5.25%
NOI
$218,173 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.51 AC
Zoning
C - Commercial - Retail
Amenities
- Signage
- Tenant Controlled HVAC
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Chipotle
- Retailer
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Chipotle | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 608-0029-0498 | Improvements Assessment | $1,478,231 CAD |
| Land Assessment | $1,211,723 CAD | Total Assessment | $2,689,954 CAD |
Property Taxes
Parcel Number
608-0029-0498
Land Assessment
$1,211,723 CAD
Improvements Assessment
$1,478,231 CAD
Total Assessment
$2,689,954 CAD
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Chipotle | Sharonville OH (Cincinnati MSA) | 12154 Lebanon Rd
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