Chipotle - Hendersonville, TN

Highlights:

• Strategically positioned as an outparcel to The Home Depot along the highly trafficked retail corridor of Indian Lake Blvd (23,356+ VPD) – this property benefits from excellent retail synergy, shadow anchored by Walmart Supercenter, Floor & Décor, Marshalls, Michaels, Five Below, Goodwill, Lowe’s, Cheddar’s Scratch Kitchen and many more national tenants.
• The 5-mile radius avg. household income exceeds $103,000 and has over 90,692 people; projected to reach 100,826 by 2029. The area has experienced nearly 8% population growth since 2020, reflecting strong in-migration to Nashville’s most desirable lakefront suburb.
• Chipotle Mexican Grill operates more than 3,700 restaurants with over 130,000 employees, generating $11.3B in revenue in 2024, up from $9.9B in 2023. With zero debt, strong cash flow, and consistent same-store sales growth, the company demonstrates exceptional financial stability and long-term reliability as a tenant.

Description:

The property is strategically positioned as an outparcel to The Home Depot along the highly trafficked retail corridor of Indian Lake Blvd (23,356+ VPD) – this property benefits from excellent retail synergy, shadow anchored by Walmart Supercenter, Floor & De´cor, Marshalls, Michaels, Five Below, Goodwill, Lowe’s, Cheddar’s Scratch Kitchen and many more national tenants. Hendersonville, Tennessee is Nashville’s premier “City by the Lake,” combining a $91K+ median household income, award-winning schools, and $1B+ in recent development with easy access to downtown Nashville and the airport. Anchored by TriStar Hendersonville Medical Center, thriving retail at The Streets of Indian Lake, and Old Hickory Lake’s 22,500 acres of recreation, the city offers investors a rare blend of economic strength, quality of life, and long-term growth momentum.