Marcus & Millichap closed the sale of a newly constructed 2,361-square-foot net-leased Chipotle property in Somers, Wisconsin. The asset sold for $2.325 million.
Nicholas Kanich, a first vice president of investments and Director of the Net Lease Properties Group in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, a development group out of Wisconsin. Todd Lindblom, Wisconsin Broker of Record, assisted in closing this transaction.
Chipotle is located at 3671 Market Lane in Somers on an outparcel to a Walmart Supercenter with visibility to over 55,700 vehicles a day. Other tenants in the retail corridor include Aldi, Starbucks, Sam’s Club, CVS, McDonald’s, and numerous others.
The new 2023 construction features Chipotle’s latest “Chipotlane” prototype design and includes a 400-square-foot patio and single-lane drive-thru wrapping the northeast side of the property
