Chipotle | Wilkes-Barre/Scranton MSA
Recently Extended for 10 Years | Prime Retail Location
Marketing description
Equity CRE is pleased to present a Chipotle property in Dickson City, PA, available for sale to qualified investors. This offering includes a recently extended 10-year NN lease with four 5-year renewal options, each featuring a 10% rental increase. The lease is backed by a corporate guaranty from Chipotle, which reported $11.3 billion in annual revenue in 2024, ensuring stable lease payments and long-term security for property owners.
Investment highlights
Strong Tenant and Guaranty:
This investment is secured by a strong corporate guaranty. Chipotle has over 3,700 locations and is growing, with $11.3 Billion in revenue reported in 2024.
High Performing Location:
According to Placer.ai, this Chipotle location ranks in the 81st percentile in sales nationally, with over 4 million dollars in sales in the 2024.
Strategic Location:
Located in the retail hub for the Scranton MSA, surrounded by tenants such as Home Depot, Target, Lowe’s, Michael’s, ALDI, Panera, Chick-Fil-a, and many more.
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