The Cooper Commercial Investment Group recently sold a single-tenant, net-leased Chipotle Mexican Grill in Sidney, Ohio, a community on the north side of Dayton.
Chipotle executed a 10-year lease in 2016 with a 10-percent mid-term rental increase.
Dan Cooper, president of the Cooper Commercial Investment Group, represented both the buyer and seller. The seller was a private investment group in Ohio. The 1031 buyer was a private investor, also in Ohio.
The property sold for more than $1.5 million.