Chipotle Wausau, WI

Highlights:

• New 15-Year Corporate NNN Lease Chipotle Mexican Grill, Inc. (NYSE: CMG) – Full corporate guarantee.
• 10% Rent Escalations Every 5 Years
• First & Only Chipotle in Wausau Metro
• Chipotle’s Latest Prototype – Chipotlane
• Strong Demographics Within 5 Miles
• Minimal Landlord Responsibilities
• High-Traffic Location – 88,700+ VPD

Description:

Brand-new Chipotle Mexican Grill (NYSE: CMG) under a 15-year corporate-guaranteed NNN lease with 10% rent increases every 5 years and in each of the four 5-year renewal options. This is the first and only Chipotle in the Wausau metro, with the next nearest location nearly 95 miles away—offering significant regional draw and market exclusivity.

The site will share a parcel with a newly developed Chick-fil-A, creating a high-traffic QSR synergy within a top-tier national tenant lineup. This co-tenancy positions the asset for exceptional long-term visibility and consumer pull.

The building features Chipotle’s latest prototype, including a Chipotlane (mobile order-ahead drive-thru) to optimize throughput and meet evolving consumer preferences. Located along Rib Mountain Drive and US Hwy 51, the site boasts unmatched visibility with traffic counts exceeding 88,000 VPD.

Surrounded by Walmart Supercenter, Sam’s Club, Target, Starbucks, Best Buy, and Panda Express, the property sits in the heart of Wausau’s dominant retail corridor. Demographics within 5 miles include 66,930 residents, 82,000+ daytime population, and an average household income of $88,000+.

Offered at a 5.15% cap rate on Year 1 NOI of $138,650. NNN lease with minimal landlord responsibilities limited to roof and structure.

Documents: