Chipotle - Scottsdale
Retail | 4.50% CAP | 2,325 SqFt
Marketing description
Chipotle Mexican Grill, Inc. (NYSE: CMG) is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, known for its large burritos, assembly-line production, and use of natural ingredients.
Adjacent to the Greater Phoenix Area, Scottsdale is known as “the West’s most Western town” and was described in the New York Times as “a desert version of Miami’s South Beach.” With a population of more than 240,000, the City of Scottsdale is among Arizona’s ten largest cities.
Investment highlights
» Rare Opportunity to Buy in Scottsdale
» 8+ Years Remaining on Corporate Lease with Chipotle (NYSE: CMG)
» 282,636 Residents within a 5-Mile Radius - Households and Population Projected to Increase 4% in the Surrounding Area by 2030
» Multiple Renewal Options with 10% Rental Increases Every 5 Years
» Average Household Income Exceeds $107,000 within 3 Miles
» Frontage Along McDowell Road with 53,000+ Cars per Day at the Corner of McDowell Road and Hayden Road
» Adjacent to General Dynamics Mission System’s Scottsdale Campus
» One Mile Off the Loop 101 Freeway, a Major Connector for the Phoenix MSA
» Surrounded by National Retailers: Lowe’s, Fry’s Food And Drug, McDonald’s, Starbucks, Walgreens, and More
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