Oconomowoc, WI - Chipotle

Description:

• The tenant recently executed a brand new 15-year lease with 4 (5-year) options to extend, demonstrating long-term commitment to the site
• The lease features 10% increases every 5-years throughout the initial term and at the beginning of each option period
• The lease is corporate guaranteed by Chipotle Mexican Grill, Inc., a publicly traded (NYSE: CMG) and nationally recognized tenant with over 4,000 locations

• Subject property is an outparcel within Olympia Fields, a mixed-use redevelopment transforming the area into a dynamic retail, residential, and entertainment destination
• New Developments Include:
• The Social: +60,000 SF year round entertainment and sports complex
• Olympia Ski Hill Apartments: 624 residential units
• Five-Story Mixed Use Building: delivering 116 residential units along with over 19,000 SF of retail
• Locklyn Apartments: 224-unit luxury multifamily community
• Chipotle is strategically positioned among newly constructed national and regional retailers including First Watch, Panera Bread, Sendik’s Food Market and Landmark Credit Union

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Listing ID: a28TP000002Z3hpYAC