Chipotle, Gilbert, AZ

Investment sale · Free Standing Building

Chipotle

Power Rd & Germann Rd | SWC

4733 East Germann Road, Gilbert, AZ 85297

Price
$3,900,000
Cap rate
4.65%
NOI
$181,500
Building Size
2,325 SF
Tenancy
STNL
Traffic
±23,139 VPDon Germann Road

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  • New, long-term 15-year absolute NNN corporate lease; landlord has NO responsibilities
  • Strong credit corporate guarantee from Chipotle Mexican Grill, Inc. with revenue of $11.9 billion
  • Chipotle Mexican Grill, Inc., (NYSE: CMG) has 33 years in the business and more than 4,050 locations worldwide

All highlights

About this opportunity

Listed by Chad Tiedeman, Phoenix Commercial Advisors.

The site

Site facts for Chipotle
Property typeRetail · Free Standing Building

Trade area

Trade area demographics near Chipotle
1 Mile3 Miles5 Miles
Population14,12288,903228,518
Households4,35927,93573,965
Average household income$162,191$181,272$180,570

2026 estimates for rings around the property.

Highlights

  • New, long-term 15-year absolute NNN corporate lease; landlord has NO responsibilities
  • Strong credit corporate guarantee from Chipotle Mexican Grill, Inc. with revenue of $11.9 billion
  • Chipotle Mexican Grill, Inc., (NYSE: CMG) has 33 years in the business and more than 4,050 locations worldwide
  • Chipotle Mexican Grill, Inc., has a market cap of $45.4 billion
  • Strong 10% rent increases every 5 years through the primary term and four (4), five (5) year option periods
  • Brand-new construction, freestanding building with drive-thru “Chipotlane”, patio dining and five exclusive pick-up spaces
  • Average household income is over $174,000 within a 3-mile radius
  • Strong visibility to over 50,000 vehicles per day and growing at the intersection and easy accessibility from both Power & Germann roads
  • Centralized location between Gilbert & Queen Creek - just a short 7-minute drive from Queen Creek Marketplace
  • Bustling intersection with excellent traffic-drawing tenants including: EOS Fitness, The Home Depot, CVS, Starbucks, Chase Bank, and more
  • New construction Woodspring Suites with ±122 rooms provides excellent customer potential
  • Planned IONNA EV Rechargery with ±14 charging stalls immediately adjacent to the property
  • Located between two high quality multi-family developments with San Clement (±336 units) to the south and Sky View Ranch (±232 units) to the north
  • ASU’s Polytechnic Campus with ±6,183 students is just 2 miles north of the property
  • Nestled within dense residential communities, including Power Ranch to the south and west with over 14,000 active units, and over 221,000 residents within a 5-mile radius
  • Located just south of Mesa Gateway Airport, a relief airport for Phoenix Sky Harbor, that contributes $1.8 billion annually to the Arizona economy and is a hub for ±40 global minded companies, including Gulfstream, which recently opened a $130 million service center with ±250 employees plus a future additional ±100

Property overview

Chipotle | 4.65 Cap | 2,325 SF | Absolute NNN Lease

Chipotle is located along Germann Road; situated on the south side; just west of Power Road.

Aerial map of Chipotle, Gilbert, AZ

Location4733 East Germann Road, Gilbert, AZ 85297

  • Queen Creek Marketplace3.1 mi
  • SanTan Village3.9 mi

Listing ID 2567286 · Investment sale · Updated 11/10/2026 · Retail brokers in Gilbert