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902 Scott Dr
Piqua, OH 45356

$2,840,000 USD

General Retail For Sale  •  2,325 SF

Property Details

  • Property Type General Retail
  • Total Building Size 2,325 SF
  • Lot Size 0.61 AC
  • Building Class A
  • Year Built 2025
  • Cap Rate 5.50 %
  • Tenancy Single
0 Transit Score
39 Walk Score

Highlights

Reduced! Highest CAP Rate New Construction Corporate Chipotle Mexican Grill (NYSE: CMG) on Market with High-Profile, Publicly Traded Tenant - 5.5% CAP
Brand-New Lease with a Full 15 Years of Term Remaining (No Early Termination Rights) and 10% Rental Increase in Years 6 & 11
NN Lease with No Daily Management Responsibilities, Tenant Responsible for All Roof R&M, As Well As Replacement
Ideal Demographics with Average Household Incomes of Approx. $80,000 (5 Mile Radius) in a Growing Residential Community
Positioned w/ Excellent Access & Visibility Along Piqua’s Main Roadway(US 36) & Directly Adjacent to Major Highway I-75, 76k+ VPD Surrounding Proper
Redeveloped Parcel with Adjacent, Brand-New Hampton Inn and Brand-New Olive Garden for Continued Increased Foot Traffic

Property Flyers

Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Chipotle Mexican Grill 2,325 SF 10/1/2040

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Security System
  • Signalized Intersection
  • Drive Thru
  • Wheelchair Accessible
  • Monument Signage
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
James M Cox Dayton International 29 min - 22.8 mi
Dan Cooper 440-915-7902 Cooper Commercial Investment Group
Dan Cooper 440-915-7902 Cooper Commercial Investment Group