Lake Wales, FL - Chipotle

Description:

• Chipotle recently signed a brand new 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 3,800 locations
• 10% rental increases every 5 years throughout the initial term and at the beginning of each option period

• The subject property is located directly across from Lowe’s
• The site is in close proximity to Eagle Ridge Mall, a 624,000+ SF regional mall, that is anchored by Dillard’s, Regal, and Foot Locker
• Other nearby national/credit tenants include Wawa, Aldi, Publix, Starbucks, Home Depot, Walgreens, and many more
• Strong tenant synergy promotes crossover shopping to the subject property

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Listing ID: a28TP000001p3zNYAQ