Chipotle Bristol TN
$3,072,757
413 Pinnacle Parkway, Bristol, TN 37620
For Sale
Retail
Restaurant
Active
Last Updated: 06/11/2025
4.75
Cap Rate
4.75
Pro Forma Cap Rate
Details:
Cap Rate: 4.75%
Pro Forma Cap Rate : 4.75%
Cash-on-Cash: 4.75%
NOI: $145,956
Building Size: 4,132 sqft
Lot Area: 1.41 acres
Lease Type: Double Net
Class: A
Occupancy: 100%
Zoning: Commercial
Tenancy: Single
Year Built: 2016
Seller Financing: No
Opportunity Zone: No
Parking Spots: 85
Year Last Renovated: 2022
Construction Status: Complete
Lease Expire Year: 04/29/2037
Highlights:
- “Chipotlane” Concept
- Interstate 81 Lifestyle Center
- Tennessee “No Income Tax” State
Description:
Chipotle Corporate Backed of the “Chipotlane” Concept, (15) Year Initial Lease, 10% Rent Increases every (5) Years, and Four (5) Year Options. This a Fee Simple 4,132 SF Building on a 1.41-acre lot that rent commencement May 2022. Landlord responsible for Shopping Center CAM estimated $4,044 annually.
Documents:
| Title | ||
|---|---|---|
| BristolChipotle.pdf | ||
| Bristol_Chipotle_Flyer.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
