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298 E Alameda Rd
Pocatello, ID 83201
Chipotle · Retail Property For Sale

Investment Highlights

  • New 15-year NNN lease to Chipotle, a globally recognized Mexican restaurant chain with over 4,000 restaurants worldwide.
  • Prospective buyers can enjoy a hands-off investment opportunity where the tenant covers all taxes, insurance, and maintenance.
  • Looking ahead in 2026, Chipotle is charging forward with a strategy centered on aggressive expansion, smarter technology, and streamlined automation.
  • 10% rental increases every five (5) years in initial term and three (3) option periods of five years each, ensuring consistent income growth.
  • Chipotle Mexican Grill continued its impressive momentum in 2025 with $11.9 billion in revenue and hundreds of new restaurant openings.

Executive Summary

This Chipotle property benefits from a highly visible and accessible location near the signalized intersection of Yellowstone Avenue and East Alameda Road, where combined traffic counts exceed 45,000 vehicles per day. Positioned directly off Interstates 15 and 86, the site captures significant commuter and regional traffic, enhancing customer accessibility and exposure. The asset is backed by Chipotle Mexican Grill, which reported $11.9 billion in revenue during 2025 and continued its national expansion with 334 new company-owned restaurants, including 257 locations featuring a Chipotlane format. The surrounding trade area is supported by a population of 77,276 residents within a five-mile radius and an average household income of $94,777, providing a solid consumer base. As one of a limited number of Chipotle locations in Idaho, the property offers a distinctive market position within the state. Combined with projected population and income growth across the surrounding area, the asset is well positioned to benefit from the continued economic and demographic expansion of the Pocatello market.

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,385 SF
Building Class
C
Year Built
2026
Price
$5,421,538 CAD
Price Per SF
$2,273.18 CAD
Cap Rate
4.75%
NOI
$257,501 CAD
Tenancy
Single
Building Height
1 Story
Parking
31 Spaces (13 Spaces per 1,000 SF Leased)

Amenities

  • Drive Thru
  • Listing ID: 41467004

  • Date on Market: 2026-07-28

  • Last Updated:

  • Address: 298 E Alameda Rd, Pocatello, ID 83201

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