Wildwood, FL - Chipotle

Description:

• Chipotle recently signed a brand new 15-year lease with 4 (5-year) options to extend
• 2025 construction which will feature high quality materials, distinct design elements, and high-level finishes
• The lease is corporate guaranteed by Chipotle Mexican Grill, Inc., a publicly traded
(NYSE: CMG) and nationally recognized tenant with over 3,600 locations
• 10% rental increases every 5 years throughout the initial term and at the beginning of each option period

• Chipotle is located at the signalized, hard corner intersection of State Highway 44 and Signature Road averaging more than 36,100 combined vehicles passing by daily
• Located across from Grand Traverse Plaza, a 100K+ SF Publix anchored shopping center
• Subject property is adjacent to Brownwood Paddock Square, a 1.3M+ SF town square and shopping plaza equipped with a 151-room, 4-diamond star hotel
• The Villages spans 57 square miles, bigger than Ocala and roughly equivalent to West Palm Beach
• As the country’s highest-selling master-planned community, The Villages already stretches from southern Marion County deep into Sumter County and the western end of Lake County. From its northern-most point, it can be a 40-minute drive to reach the new developments of Cason Hammock and Fenney