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26472441
26472442

444 E Veterans Pkwy, Yorkville, IL 60560

RB
IL IL 471005983
The Boulder Group
JG
IL 471007006
The Boulder Group
Listed by The Boulder Group
$2,723,636
142 days on market
Updated 29 days ago

Chipotle

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,675
Cap Rate 5.5%
NOI $149,800
Occupancy 100%
Tenancy Single
Brand/Tenant Chipotle
Lease Type NN
Lease Expiration 01/31/2038
Remaining Term 11.7
Rent Bumps Yes
Lease Options Four 5-year
Year Built 2023
Acreage 1.170
Investment Type Net Lease

5.50% Cap Rate | 2023 Construction | Affluent Area

Marketing description

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Chipotle positioned within the Chicago MSA in Yorkville, Illinois. The property was built for Chipotle in 2023 with a long-term lease running through January 2038. The lease features 10% rental escala-tions every five years throughout the primary term and four 5-year renewal options. The lease also contains a corporate guaranty from Chipotle.

This 2,675 square-foot building is strategically located at a signalized intersection on East Veterans Parkway (14,900 VPD), near North Bridget Street (20,000 VPD). It serves as a shadow anchor to the Yorkville Marketplace, a shopping center occupied by Jewel-Osco, Ace Hardware, Planet Fitness, Chase Bank, O’Reilly Auto Parts, Starbucks, Sherwin-Williams, Panera, and other retailers. Nearby businesses include Menards, ALDI, Walgreens, Belle Tire, Culver’s, and Wendy’s. The property is minutes from Yorkville High School, with over 2,200 students enrolled. Within a five-mile radius, the population exceeds 67,000, and households within a three-mile radius have an average income above $141,000.

Chipotle Mexican Grill, Inc. (NYSE: CMG) is a leading fast-casual restaurant brand known for serving responsibly sourced, high-quality ingredi-ents in customizable burritos, bowls, tacos, and salads. Founded in 1993 in Denver, Colorado, Chipotle revolutionized the restaurant industry by combining quick service with fresh, real food prepared on-site daily. The company emphasizes a “Food with Integrity” mission, sourcing ingre-dients such as antibiotic-free meats, organic beans, and produce from local farms whenever possible. With a unique open-kitchen format and a commitment to transparency, Chipotle has become a favorite for health-conscious and convenience-driven consumers alike.

Investment highlights

  • Positioned within the Chicago MSA – Ranked #3 in the U.S. for population size Long term lease through 2038

  • 10% rental escalation every 5 years (Next: 2028)

  • Publicly traded company (NYSE: CMG) $57 billion market capitalization

  • 2023 construction

  • Located at a signalized intersection along East Veterans Parkway (14,900 VPD) & within proximity to North Bridge Street (20,000 VPD)

  • Six-figure average household income ($141,000+) within three miles

  • Over 67,000 people live within a five-mile radius

  • Yorkville Marketplace shadow anchor – (Jewel-Osco, Ace Hardware, Planet Fitness)

  • Minutes from Yorkville High School (2,200+ students)

  • Nearby retailers include Menards, Chase Bank, Walgreens, O’Reilly Auto Parts, ALDI, Culver’s, Starbucks, Panera, and several others

Listing Contacts

RB
IL IL 471005983
The Boulder Group
JG
IL 471007006
The Boulder Group
Listed by The Boulder Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$149,800.00
$12,483.33/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

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Additional Information

Name
Randy Blankstein
License
IL 471005983
Brokerage Phone
8475620003
Title
IL
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