Daphne, AL - Chipotle

Description:

• Chipotle recently signed a 15-year lease with 4 (5-year) options to extend
• The lease is corporate guaranteed by Chipotle Mexican Grill, Inc., a publicly traded (NYSE: CMG) and nationally recognized tenant with over 3,500 locations
• 2024 construction that features high quality materials, distinct design elements, and high-level finishes
• 10% rental increases at the beginning of each option period

• Chipotle is strategically positioned off the signalized, hard corner intersection of US Hwy 98 and Van Ave averaging 34,900 VPD
• The immediate trade area is supported by retailers such as Target, Chick-fil-A, Starbucks, and more
• Directly across from a Chevrolet dealership, providing a direct consumer base from which to draw
• Equipped with a Chipotlane, maximizing productivity and efficiency