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Chicago & Midwest  + Greater Chicagoland  + Net Lease  | 
Chipotle Chipotlane drive-thru location

Marcus & Millichap Closes Deal for Net-Leased Batavia Chipotle

 Marcus & Millichap finalized the sale of a 2,350-square foot net-leased restaurant located in Batavia, Il. The asset sold for $2,050,000.

Austin Weisenbeck, senior managing director investments, and Sean Sharko, senior managing director investments, of Marcus & Millichap’s Chicago Oak Brook office, marketed the property on behalf of the seller, a Chicagoland limited liability company. The buyer, a Wisconsin limited liability company, was secured and represented by Weisenbeck and Sharko.

This property is located at the southeast corner of North Randall Road and McKee Street in Batavia. Constructed in 2022, the building features a modernized “Chipotlane” drive-thru. The team said, “This was a relocation store for Chipotle, which helped in attracting strong buyer interest.”


Inside The Story

Marcus & Millichap's Sharko | Weisenbeck team

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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