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695 ZANE ST Zanesville OH 43701

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Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Building SqFt 2,325
Year Built 2023
Lease Type ******
Remaining Term ******
Lease Expiration ******
Days on Market ******
Latitude 39.9477
Longitude -82.0032

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant
Marketing Description

Pegasus Investments Real Estate Advisory Inc., in conjunction with ParaSell Inc., is pleased to present the opportunity to acquire the fee simple interest in a newly constructed, high-performing, single-tenant Chipotle drive-thru in Zanesville, Ohio. Positioned just east of Columbus along the I-70 corridor, this strategic interstate-adjacent location has demonstrated exceptional performance, generating sales at nearly twice the national average. The Property is secured by a new 10-year corporate net lease with Chipotle (NASDAQ: CMG), the world’s largest coffeehouse chain. Featuring minimal landlord responsibilities, long-term passive income, and strong underlying real estate, this offering represents an ideal opportunity for investors seeking stability, brand security, and long-term cash flow.

Built in 2023, the Property reflects Chipotle’s latest drive-thru Chipotlane prototype and is strategically positioned to serve both local commuters and regional travelers along one of the most heavily traveled interstates in the country. The lease includes 10% rental increases every five years, including throughout the four (4) five-year renewal options, offering reliable income growth and strong residual value. With its corporate guaranty, investment-grade credit (Moody’s: Baa1), and national brand recognition, Chipotle brings institutional-grade tenancy and a recession-resilient business model to this location.

The site enjoys exceptional visibility and access from Interstate 70 and sits in a high-traffic retail corridor anchored by national tenants such as Starbucks and Texas Roadhouse. The immediate trade area also includes a Pepsi Bottling plant and five nationally branded hotels, all within a one-block radius, contributing to consistent foot traffic from travelers, business professionals, and hotel guests. Zanesville itself is a well-located micropolitan market that benefits from its proximity to Columbus, low cost of living, and growing investment in downtown revitalization.

As one of the fastest-growing metros in the Midwest, Columbus offers a compelling backdrop for long-term investment. The city is home to five Fortune 500 companies, a diverse economy anchored by healthcare, logistics, tech, and education, and is experiencing sustained demographic growth that outpaces national trends. The combination of Chipotles’ global brand, a long-term corporate lease, and a high-visibility location along a major interstate positions this asset as a durable, cash-flowing investment in one of Central Ohio’s most strategically located commuter corridors.

Investment Highlights
  • High performing Store - Nearly 2x the national sales average (Contact broker for more details)

  • Prime I-70 Location - Excellent visibility and access along a major interstate connecting Columbus to key Midwest and East Coast markets

  • High-Traffic Retail Corridor - Adjacent to Texas Roadhouse and Starbucks, with strong national co-tenancy

  • Strong Hotel Density - Surrounded by five nationally branded hotels within one block, driving consistent daily traffic

  • Columbus Growth Market - Located just 50 miles east of Columbus, one of the fastest-growing metros in the Midwest, home to five Fortune 500 companies

  • 10-Year Corporate Net Lease - Leased directly to Chipotle (NASDAQ: CMG) with minimal landlord responsibilities

  • Investment-Grade Credit - Backed by a corporate guaranty from Chipotle (Moody’s: Baa1)

  • Built-In Rent Growth - 10% rental increases every 5 years, including during (4) 5-year renewal options

  • New 2023 Construction - Features Chipotle’s latest prototype with a high-volume Chipotlane drive-thru

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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C-4 CommercialSpecial CommercialHighway Commercial District
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
DC
David Chasin PRO
•••.•••.0277
•avid@••••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
DA
Daylin Ackerman PRO
•••.•••.1350
•••••rman@••••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
CA
Corey Allen
•••.•••.1350
••llen@••••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
AL
Andrew Leon
•••.•••.8543
•leon@••••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
SR
Scott Reid PRO
•••.•••.6578
••••ings@•••••••••••.com
Brokerage logo

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