Chipotle | New 15-Year Abs NNN | Corporate Guarantee | 2022 Construction With Drive-Thru

Highlights:

• Brand New 2022 Construction Featuring Chipotle’s Latest “Chipotlane” Prototype Design w/ Drive-Thru
• 15-Year Abs NNN Lease with 10% Increases Every 5-Years
• Located Directly Across from Wal-Mart & Publix
• 2-Miles from Valdosta State University (12,000 Students)
• Corporately Guaranteed Lease by Chipotle (NYSE: CMG) w/ Over $7.5 Billion in Revenue & Market Cap of $42.05 Billion
• Excellent Visibility Right Off Inner Perimeter Road with Traffic Counts Exceeding 27,000 Vehicles Per Day
• Dense Retail Trade Area with Over 77,000 Residents and Average Household Income Exceeding $66,000 in 5-Miles

Description:

The subject property is a newly constructed Chipotle drive-thru located in Valdosta, GA. The brand new 15-year absolute NNN lease is corporately guaranteed by Chipotle Mexican Group, Inc. (NYSE: CMG) and includes 10% rental increases every 5-years in the primary term and in the (4) five-year option periods. The property is strategically located in the heart of a dense retail trade area directly across from Wal-Mart and Publix. The site benefits from its excellent access and visibility along the most heavily trafficked thoroughfare in Valdosta (Inner Perimeter Road), which boasts over 27,000 vehicles per day. Additionally, this Chipotle is just 2-miles north of Valdosta State University (12,000 Students). Within 5-miles of the subject property there are over 77,000 residents with an average household income exceeding $66,000.

National retailers in the immediate vicinity include Publix, Wal-Mart, Chick-Fil-A, UPS, Walgreens, Blaze Pizza, Dollar Tree, Goodwill, GameStop, T-Mobile, Firestone, Zaxby’s, Verizon, Dollar General, Starbucks, Wells Fargo, and many more. This is an excellent opportunity for an investor to purchase a stable, long term corporately guaranteed investment with zero landlord responsibility.

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