465 East Main Street , Westfield, MA, 01085
Property Highlights
- Corporate Chipotle Mexican Grill, Inc (NYSE: CMG)
- Long term net lease with rent increases
- At a Big Y grocery anchored center
- Major destination shopping hub
- Surrounded by national tenants including Home Depot, Aldi, McDonald’s Starbucks, TJ Maxx and many others
- 5-mile radius: $111,000+ average household income
Property Details
- Price: $2,270,000
- Property Type: Retail
- Transaction Type: For Sale
- Cap Rate: 5.00%
- Building Size: 2,400 SF
- Lot Size: .94 AC
- Lease Type: NN
- Lease Term: 12 years
- Year Built: 2022
- Tenancy: Single Tenant
- Year Built: 2022
- Space Use: Retail
Tenant | SF Occupied | Lease End Date |
Chipotle | 2400 | 10/31/2037 |
Financial Summary
Investment Highlights
Price | $0.00 |
Price / Unit | $0.00 |
Gross Rent Multiplier | 0.00 |
Proposed Loan Amount | $0.00 |
Initial Investment | $0.00 |
Income & Expenses
Expense | Potential | Current |
Total Expenses | $ 0.00 | $ 0.00 |
Net Operating Income | $0.00 | $0.00 |
Less Debt Service | $0 | $0 |
Potential Net Cash Flow | $0.00 | $0.00 |
Cash on Cash Return | 0.00 % | 0.00 % |
Capitalization Rate | 0.00 % | 0.00 % |
Rent Roll
Unit | BR/BA | Current Monthly Rent | Potential Monthly Rent | Status | Lease Expires |
Totals | $ 0.00 | $ 0.00 |