www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32005651
32005652

3513 East 10th Street, Jeff, IN 47130

SG
IN IN RB19001894, KY KY 199560
eXp Commercial LLC
DG
KY 274341
eXp Commercial LLC
SH
KY KY 266524
eXp Commercial LLC
TL
KY KY 29530
eXp Commercial LLC
Listed by eXp Commercial LLC
$2,790,000
42 days on market
Updated 7 days ago

Chipotle | New Construction | NNN Lease | Jeffersonville, IN

Details
APN 10-19-02-201-197.000-009
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,325
Cap Rate 5.00%
NOI $139,500
Occupancy 100%
Tenancy Single
Brand/Tenant Chipotle
Lease Type NNN
Lease Term 10
Lease Expiration 11/30/2034
Remaining Term 9.5
Rent Bumps Yes
Lease Options 4, 5 Year
Price per SqFt $1,200
Class A
Year Built 2025
Lot Size (SqFt) 42,638.4
Zoning C-2
Parking Spaces 28 spaces
Parking Per SqFt 12.04
Investment Type Core
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 01/24/2025
Ground Lease No

Single Tenant Net Lease | Fresh 10-Year Term | $139,500/Yr. ($11,625/Mo.)

Marketing description

This is a brand new Chipotle in a corridor that continues to get better. East 10th Street is one of the main retail spines in Jeffersonville, with strong daily traffic and steady growth pushing north from Louisville and River Ridge. The site benefits from that momentum today, and more importantly, where things are headed over the next 5–10 years.

From an investment standpoint, it’s clean. Corporate guarantee, true NNN structure, and built-in rent growth. No moving parts, no deferred maintenance, no lease risk to solve. Just stable income from a tenant that performs.

We laid everything out in the OM attached to this listing—lease details, rent schedule, site positioning, and market context. Worth a look if you’re active in this space. The lease and additional confidential materials are available upon execution of a CA/NDA. Please give us a call for more information and access to the data room.

Investment highlights

New Construction Chipotle (NYSE: CMG): Absolute NNN lease backed by a nationally recognized, investment-grade tenant with strong unit economics and proven long-term performance.

Corporate Guarantee: Lease guaranteed by Chipotle Mexican Grill, Inc., providing high-credit tenancy and reduced default risk.

Long-Term, Passive Income: 10-year primary term with zero landlord responsibilities, delivering stable, hands-off cash flow.

Built-In Rent Growth: 10% rental increases every five years, creating a hedge against inflation and organic NOI growth.

Strategic Retail Corridor Location: Positioned along East 10th Street (±30,000 VPD), a primary retail artery serving Jeffersonville and benefiting from continued expansion tied to River Ridge Commerce Center and the greater Louisville MSA.

Strong Demographic & Growth Drivers: Located in the path of significant residential and industrial growth, supporting long-term tenant performance and residual value.

Institutional-Grade Asset Profile: New construction, national credit, and clean NNN structure align with core and 1031 exchange buyer demand.

Listing Contacts

SG
IN IN RB19001894, KY KY 199560
eXp Commercial LLC
DG
KY 274341
eXp Commercial LLC
SH
KY KY 266524
eXp Commercial LLC
TL
KY KY 29530
eXp Commercial LLC
Listed by eXp Commercial LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$139,500.00
$11,625.00/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Stephanie Gilezan
License
IN RB19001894
Brokerage Phone
5028176484
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591