Chandler Heights Rd and Higley Rd

CHIPOTLE – SINGLE TENANT NET LEASED INVESTMENT

For Sale
Location: Gilbert, Arizona

Property Highlights

  • New 2,395 SF Building with “Chipotlane” Drive Thru: opened June 2025. The Chipotlane is specially designed to accelerate digital order pick up.
  • Large Pad Size: 1.26 acre pad size with street frontage on Higley Road provides Chipotle customers easy in and out access and convenient on-site parking.
  • 15-year Chipotle Mexican Grill, Inc. Corporate Lease: direct corporate lease with Chipotle Mexican Grill, Inc. (NYSE:CMG), an industry-leading fast-casual restaurant operator with over 3,800 units and a $50 Billon market cap (01/02/26).
  • Grocer Anchored Intersection: the property is less than 1,200 feet from the Chandler Heights Blvd and Highly Rd intersection (35,582 CPD) which is anchored by Fry’s Marketplace (Kroger’s) grocery store. Fry’s, Walgreen’s, Chase Bank, McDonald’s, Dunkin Donuts, and many other retailers at the intersection draw a steady stream of customers to the immediate trade area.
  • Affluent City of Gilbert Sub-Market: in the 3-Mile radius of the property the average household income is $195,000 and there are 72,257 residents. The local area is one of the most desirable places to live in the greater Phoenix Metro area.

Property Documents

Contact Team

Eli Castronova
Eli Castronova
602-682-8175
Brian Gast
Brian Gast
602-828-0410
Richard Francis
Richard Francis
602-682-8133

Property Location