Chipotle Scottsdale — Sale in Scottsdale, AZ
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Scottsdale, AZ 85257
Investment Figures
- Cap rate
- 4.50%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Chipotle Mexican Grill, Inc. (NYSE: CMG) is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, known for its large burritos, assembly-line production, and use of natural ingredients. Adjacent to the Greater Phoenix Area, Scottsdale is known as “the West’s most Western town” and was described in the New York Times as “a desert version of Miami’s South Beach.” With a population of more than 240,000, the City of Scottsdale is among Arizona’s ten largest cities. Investment Highlights: • Rare Opportunity to Buy in Scottsdale • More Than 8 Years Remaining on Corporate Lease with Chipotle (NYSE: CMG) • 282,636 Residents within a Five-Mile Radius - Households and Population Projected to Increase 4 Percent in the Surrounding Area by 2030 • Multiple Renewal Options with 10 Percent Rental Increases Every Five Years • Average Household Income Exceeds $107,000 within Three Miles
Market Context
This retail in Scottsdale, AZ is listed for sale. It is offered at an approximate 4.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 99 days. Compare it against other retail listings for sale in Scottsdale, AZ — view the full market.
As of Q1 2026, the Phoenix retail market showed a 4.8% vacancy rate, and average asking rents near $19.00/SF/yr. Source: multiple brokerage reports, Q1 2026.
Tight vacancy keeps competition for quality space elevated.
Retail market FAQ
- Is the Phoenix retail market tightening or softening?
- Vacancy is around 4.8% (Q1 2026).
Estimated Market Rate
$93.79/SF – $126.89/SF
Mid: $110.34/SF
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Mark Ruble · (602) 687-6766 · mark.ruble@marcusmillichap.com
- Chris Lind · (602) 687-6780 · chris.lind@marcusmillichap.com
- Zack House · (602) 687-6650 · zachary.house@marcusmillichap.com
- Ryan Sarbinoff · (602) 687-6700
- Josh Sciotto · (602) 687-6647 · josh.sciotto@marcusmillichap.com
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