---
title: "Chipotle Mexican Grill ground lease, Carefree 2019 | PCA"
url: "https://newphoenixcommercialadvisors.com/track-record/closings/2019-937a4ceb-chipotle-mexican-grill/"
description: "Chipotle Mexican Grill: Ground lease at SWC Cave Creek Rd & Carefree Hwy, Carefree, signed 2019, 2,320 SF."
publisher: "Phoenix Commercial Advisors"
generated: "11/11/2026"
---

# Chipotle Mexican Grill

Chipotle Mexican Grill signed a ground lease of 2,320 SF at SWC Cave Creek Rd & Carefree Hwy, Carefree in 2019. PCA represented the landlord and the tenant.

- Type: Ground lease
- Tenant: Chipotle Mexican Grill
- Where: SWC Cave Creek Rd & Carefree Hwy, Carefree
- Year signed: 2019
- Size: 2,320 SF
- PCA role: Represented the landlord and the tenant
- Brokers: the PCA retail leasing team

Landlord and counterparty names are not published.
- Previous deal: Michaels, SEC River Rd (Thornydale) & Orange Grove Rd, Tucson, 2019: https://newphoenixcommercialadvisors.com/track-record/closings/2019-80acbfdf-michaels/
- Next deal: Superstar Car Wash, NWC Signal Butte Rd & Point Twenty-Two Blvd (Warner Rd), Mesa, 2019: https://newphoenixcommercialadvisors.com/track-record/closings/2019-9b75855a-superstar-car-wash/

## Nearby PCA deals

Other PCA deals within 1.5 miles.
- Cave Creek Crossing Shops (07/22/2024, Sale, SWC Cave Creek Rd & Carefree Hwy, Cave Creek, 10,237 SF): https://newphoenixcommercialadvisors.com/track-record/closings/2024-6fbf9e4a-cave-creek-crossing-shops/
- Cave Creek Crossing (12/18/2020, Sale, SWC Cave Creek Rd & Carefree Hwy, Cave Creek, 7,040 SF): https://newphoenixcommercialadvisors.com/track-record/closings/2020-1f74b2a9-cave-creek-crossing/
- Sun Devil Auto (12/21/2020, Sale, S/SWC Cave Creek Rd & Carefree Hwy, Cave Creek, 6,373 SF): https://newphoenixcommercialadvisors.com/track-record/closings/2020-df98eda8-sun-devil-auto/
- Sprouts (09/10/2020, Sale, SWC Cave Creek Rd & Carefree Hwy, Cave Creek, 29,896 SF): https://newphoenixcommercialadvisors.com/track-record/closings/2020-f07e36fd-sprouts/

## More like this

Other Chipotle Mexican Grill deals.
- Chipotle Mexican Grill (2019, Ground lease, SWC Priest Dr & Elliot Rd, Tempe)
- Chipotle Mexican Grill (2019, Lease, NWC Hwy 89 & Cummings St, Flagstaff, 2,400 SF)
- Chipotle Mexican Grill (2019, Lease, NEC 19th Ave & Bethany Home Rd, Phoenix, 2,400 SF)
- Chipotle Mexican Grill (2018, Lease, NEC I-17 & Bell Rd, Phoenix, 2,207 SF)

## Similar deals

Same type and a similar size, nearest by date.
- Brakes Plus (2019, Ground lease, SEC Ellsworth Loop Rd & Ocotillo Rd, Queen Creek, 4,470 SF): https://newphoenixcommercialadvisors.com/track-record/closings/2019-30805287-brakes-plus/
- Superstar Car Wash (2019, Ground lease, NWC Signal Butte Rd & Point Twenty-Two Blvd (Warner Rd), Mesa, 4,000 SF): https://newphoenixcommercialadvisors.com/track-record/closings/2019-9b75855a-superstar-car-wash/
- Denny's (2019, Ground lease, NWC Signal Butte Rd & Point Twenty-Two Blvd (Warner Rd), Mesa, 4,000 SF): https://newphoenixcommercialadvisors.com/track-record/closings/2019-c10fe38e-dennys/
- Jack in the Box (2018, Ground lease, NWC Signal Butte Rd & Point Twenty-Two Blvd (Warner Rd), Mesa, 3,500 SF): https://newphoenixcommercialadvisors.com/track-record/closings/2018-9e4005a4-jack-in-the-box/

## On the market nearby now

- Cave Creek Rd & Carefree Highway | SEC, Cave Creek, AZ, Call for rate: https://newphoenixcommercialadvisors.com/properties/cave-creek-rd-and-carefree-highway-sec-cave-creek/
- Cave Creek Rd & Tatum Blvd | NWC, Cave Creek, AZ, Call for rate: https://newphoenixcommercialadvisors.com/properties/cave-creek-rd-and-tatum-blvd-nwc-cave-creek/
- Tatum Blvd & Dynamite Blvd | NWC, Cave Creek, AZ, Call for rate: https://newphoenixcommercialadvisors.com/properties/tatum-blvd-and-dynamite-blvd-nwc-cave-creek/

## For an owner

Thinking about leasing a property like this? https://newphoenixcommercialadvisors.com/services/landlord-representation/
Talk to the team: https://newphoenixcommercialadvisors.com/contact/

## Also

- More pad deals and big-box leases: https://newphoenixcommercialadvisors.com/track-record/box-and-pad/
- The full track record: https://newphoenixcommercialadvisors.com/track-record/

Search all closed deals: https://newphoenixcommercialadvisors.com/track-record/closings/