Rumors confirmed: Five Guys, Chipotle coming to Kingman
Plans for new eateries finalized; development quest continues
In a little over four months, Kingmanites get to experience the flavors of Five Guys Burgers and Fries and Chipotle Mexican Grill without taking a road trip to Las Vegas.
The popular restaurants are officially coming to Kingman to set up shop in the vacant Blockbuster building on Stockton Hill Road between Walgreens and McDonald's.
Dwayne Patterson of RE/MAX Prestige Properties sold the building to DG Fenn Management, a development company based in Phoenix. The company's vice president Dan Fenn said the plan is to lease the property's suites to Five Guys and Chipotle.
Patterson and Fenn said they expect to close escrow on the property Sept. 15.
From there, Fenn said it should take 120 days to fix up the property and get the businesses into the building.
The property requires extensive work, Fenn said.
The exterior will undergo a complete renovation, including the front and back parking lots and the façade, Fenn said.
"When we're done it will look like a completely new building," Fenn said.
The building's insides need to be redone as well in order to fit the tenants' needs, he said.
"We're excited," said Fenn, whose company hasn't done business in Kingman before.
"We made it through the (economic) storm, and we're trying to move forward."
Fenn and Patterson are also looking for tenants to move into a 1,300 square-foot portion of the building.
The company has been speaking to several sandwich vendors and haircutting companies about renting the space, but no deal is imminent.
At the 2011 International Conference of Shopping Centers in Las Vegas, representatives of Kingman's Economic Development Commission piqued Chipotle's interest.
From there, the commission stayed in contact with the company as it looked at local properties and studied Kingman as a whole, said Councilwoman Carole Young, who was part of the group that attended the conference.
The addition of the two restaurants means additional sales tax revenue for the city and more food choices for residents, she said.
She estimates the establishments offering a minimum of 18 jobs apiece.
Though Young is pleased with the recruitment of the businesses, she hopes to help bring in more companies - that don't serve food - as the city moves forward.
The Blockbuster building sat empty for three years, Patterson said.
It's in a prime location and had a premium price tag to go with it.
It took a special buyer to get this deal done, Patterson said.