Chiptole, Deer Park, NY
NN Chipotle | 12+ Years Remaining on Base Term | Drive-through Location
Marketing description
- Newly Commenced Lease: Chipotle with a Drive-through has approximately 12+ years remaining on a 15-year, corporately backed NN Lease.
- Dense Infill Market: Over 279,000 residents within a 5-mile radius.
- Affluent Market: $156,000 average household income within a 5-mile radius.
- High-Traffic Thoroughfare: Situated on the heavily traveled Deer Park Avenue with a daily traffic count of more than 30,900 vehicles.
- Myriad Nearby National Retailers: ShopRite, ALDI, Stop & Shop, Kohl’s, AT&T, CVS, TD Bank, Citibank, and Starbucks.
- Proximity to Major Demand Drivers: Near the Tanger Outlets (850,000 SF Mall), Heartland Business Park (4,000,000 SF of CRE), and the Deer Park LIRR Station.
Investment highlights
The property is anchored by a newly commenced, corporately backed Chipotle drive‑through lease, offering approximately 12+ years of remaining term on a 15‑year NN structure. The asset is positioned within a dense infill market with more than 279,000 residents in a five‑mile radius and an average household income of $156,000, supporting strong long‑term consumer demand. Located along the heavily traveled Deer Park Avenue, the site benefits from 30,900+ vehicles per day and proximity to a robust lineup of national retailers including ShopRite, ALDI, Stop & Shop, Kohl’s, AT&T, CVS, TD Bank, Citibank, and Starbucks. The property is further strengthened by its adjacency to major regional demand drivers such as Tanger Outlets (850,000 SF), Heartland Business Park (4 million SF of commercial space), and the Deer Park LIRR Station, ensuring consistent traffic, visibility, and tenant performance.
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