Chipotle
New Construction 15 Year Chipotle | Affluent Submarket
Marketing description
Leading QSR Tenant: Corporate Lease With Chipotle, One of the Premier Fast Casual Operators in the Country With More Than 3,770 Locations and Total Revenue Over $11bn.
Investment highlights
Long Term Absolute NNN Lease: Brand New 15-year Absolute NNN Lease Features 10% Rent Increases Every 5 Years and No Landlord Maintenance Responsibilities, Providing a Completely Passive Investment.
New Construction: High-quality Construction Featuring Chipotle’s Current Prototype, Which Includes a “chipotlane” Drive-thru. Starbucks Recently Opened Next Door and There is More Retail Planned for the Remaining 2+ Acres, Bringing Additional Traffic to the Site.
Dense Locations With High Traffic Exposure: Nearby National Retailers Include Tom Thumb, Starbucks, Walmart Neighborhood Market, Chick-fil-a, McDonald’s, Autozone, Raising Cane’s, CVS, and It is Exposed to Over 40,000 VPD.
Growing DFW MSA: Chipotle Sits Along Lakewood Parkway (40,000+ VPD) and is Located in an Affluent Suburb of Dallas Where Household Incomes Exceed $120,000 Within a 3-mile Radius.
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