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Chipotle 444 E Veterans Pky 2,675 SF Retail Building Yorkville, IL 60560 $3,934,546 CAD ($1,470.86 CAD/SF) 5.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Positioned within the Chicago MSA
  • 10% rental escalation every 5 years (Next: 2028)
  • Six-figure average household income ($141,000+) within three miles
  • Long term lease through 2038
  • Located at a signalized intersection along East Veterans Parkway (14,900 VPD) & within proximity to North Bridge Street (20,000 VPD)
  • Over 67,000 people live within a five-mile radius

EXECUTIVE SUMMARY

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Chipotle positioned within the Chicago MSA in Yorkville, Illinois. The property was built for Chipotle in 2023 with a long-term lease running through January 2038. The lease features 10% rental escala-tions every five years throughout the primary term and four 5-year renewal options. The lease also contains a corporate guaranty from Chipotle.
This 2,675 square-foot building is strategically located at a signalized intersection on East Veterans Parkway (14,900 VPD), near North Bridget Street (20,000 VPD). It serves as a shadow anchor to the Yorkville Marketplace, a shopping center occupied by Jewel-Osco, Ace Hardware, Planet Fitness, Chase Bank, O’Reilly Auto Parts, Starbucks, Sherwin-Williams, Panera, and other retailers. Nearby businesses include Menards, ALDI, Walgreens, Belle Tire, Culver’s, and Wendy’s. The property is minutes from Yorkville High School, with over 2,200 students enrolled. Within a five-mile radius, the population exceeds 67,000, and households within a three-mile radius have an average income above $141,000.
Chipotle Mexican Grill, Inc. (NYSE: CMG) is a leading fast-casual restaurant brand known for serving responsibly sourced, high-quality ingredients in customizable burritos, bowls, tacos, and salads. Founded in 1993 in Denver, Colorado, Chipotle revolutionized the restaurant industry by combining quick service with fresh, real food prepared on-site daily. The company emphasizes a “Food with Integrity” mission, sourcing ingre-dients such as antibiotic-free meats, organic beans, and produce from local farms whenever possible. With a unique open-kitchen format and a commitment to transparency, Chipotle has become a favorite for health-conscious and convenience-driven consumers alike.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
2,675 SF
Building Class
B
Year Built
2023
Price
$3,934,546 CAD
Price Per SF
$1,470.86 CAD
Cap Rate
5.25%
NOI
$206,564 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.17 AC

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Chipotle
  • -
  • -
  • -
  • Jan 2038
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Chipotle - - - Jan 2038

NEARBY MAJOR RETAILERS

Fifth Third Bank
Planet Fitness
Starbucks
Old Second National Bank
Midland States Bank
Chase Bank
First National Bank of Omaha

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-28-252-021
Land Assessment
$159,533 CAD
Improvements Assessment
$245,197 CAD
Total Assessment
$404,730 CAD
  • Listing ID: 37354583

  • Date on Market: 2025-08-20

  • Last Updated:

  • Address: 444 E Veterans Pky, Yorkville, IL 60560

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