Listed by Northmarq Capital, LLC
$2,525,000
Chipotle
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,325
Cap Rate 5.25%
NOI $132,525
Tenancy Single
Brand/Tenant Chipotle
Lease Type NN
Lease Term 15.1
Lease Expiration 12/31/2037
Remaining Term 11.5
Rent Bumps Yes
Lease Options Three (3) Five (5) Year Options
Year Built 2022
Buildings 1
Stories 1
Acreage 0.650
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/14/2022
Ground Lease No
Chipotle with Corporate Guaranty | LaGrange, GA | 10% Rent Increases Every 5 Years
Investment highlights
• Exceptional Corporate Guaranty | Fortune 500 Company
• 15-Year Lease | 10% Rent Increases Every 5 Years
• Outparcel to LaGrange Mall | 1.8M+ Annual Visits
• 0.5 Miles from I-85 | Direct Route to Atlanta
• Only Chipotle Within 30 Miles | Double-Lane Drive-Thru
• Near Georgia International Business Park
Listing Contacts
Listed by Northmarq Capital, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$132,525.00
$11,043.75/mo
Valuation Metrics
0
DSCR
5.25%
Cap Rate
5.25%
ROI
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