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| Price $3,500,000 | Built/Renov 2024 | Tenant Chipotle Mexican Grill |
| Cap Rate 5.00% | Lease Type
Abs NNN | Guarantor Corp Traded |
| Size/SF
2,348
| Lease Start
07-30-2024
| #Units
3,437
|
| Price/SF $1,490.63 | Expiration
07-31-2039
| Tenant Type Fast Casual/Rest. |
| NOI $175,003 | R. Term 14.7 | Ownership Fee Simple |
| Rent/SF
$74.53
| Increases 10.0%/5/yrs | Pop 5Mi 188,868 |
| Lot/AC 1.17 | Options 4/5yrs/10% | AHHI 5Mi $111,167 |
| | |
Chipotle is strategically located on Jiles Road, with access to 27,400 vehicles passing by daily. Furthermore, the property is conveniently located less than one mile from Exit 273 of Interstate 75, a major north-south highway, with a traffic count of 137,000 VPD. Additionally, the property is in close proximity to Kennesaw State University, the 3rd largest university in Georgia, which is less...
...New construction
Strategically located
Freeway close
University college close
Top 100 MSA
Strong demographics
Brand new lease
Long 15+ yr lease
Corporate Guarantee
Publicly traded company
Chipotle Mexican Grill, Inc., or “Chipotle”, is an American chain of fast-casual restaurants in the U.S., United Kingdom, Canada, Germany, and France. The Fortune 500 company...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 11,194 | 85,208 | 194,853 |
| 2023 Total Population : | 10,090 | 82,482 | 188,476 |
| 2023 Employed Civilian Pop : | 5,513 | 44,813 | 102,461 |
| 2023 Total Businesses : | 644 | 2,800 | 6,996 |
| 2023 Average Household Income : | $ 92,217 | $ 109,929 | $ 111,179 |
| 2023 Total Consumer Spending : | $ 306 M | $ 2794 M | $ 6712 M |
| 2023 Median Age : | 34 | 34 | 36 |
| 2023 Total Households : | 3,820 | 29,434 | 70,049 |
| 2023 Pop Age 25+: Bachelor's Degree : | 2,156 | 17,122 | 38,556 |
| 2023 Average Home Value : | $ 293,698 | $ 330,095 | $ 345,384 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Jiles Rd NW | Baker Ct | 2013 | 2,920 | 0.23 mi |
| Cherokee St | Bozeman Lake Rd | 2005 | 16,860 | 0.29 mi |
| Cherokee Street Northwest | Weeks Dr | 2019 | 35,300 | 0.33 mi |
| Cherokee Street Northwest | Weeks Dr | 2018 | 35,000 | 0.33 mi |
| Cherokee St | Royal North Pkwy | 2013 | 35,080 | 0.41 mi |
| Chalker Rd | Cherokee St | 2011 | 4,118 | 0.50 mi |
| Jiles Road | Jiles Way | 2018 | 2,960 | 0.50 mi |
| Jiles Road | Jiles Way | 2019 | 3,020 | 0.50 mi |
| Bozeman Lake Rd NW | Shiloh TrlWest NW | 2004 | 366 | 0.63 mi |
| Shiloh Rd NW | Bentridge Dr | 2019 | 4,760 | 0.66 mi |
Clearwater, FL
Cap Rate 5.15%
Lease Abs NNN
R. Term 13.60 yrs
Size/SF 3,031
Springdale, AR
Cap Rate 5.30%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 3,200
Willis, TX
Cap Rate 4.53%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 2,325
Inver Grove Heights, MN
Cap Rate 5.50%
Lease Double NN
R. Term 14.40 yrs
Size/SF 2,325
Murrieta, CA
Cap Rate 4.38%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 3,206
Rio Rancho, NM
Cap Rate 4.28%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,181
Cincinnati, OH
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 3,900
Vineland, NJ
Cap Rate 5.10%
Lease NN+
R. Term 14.60 yrs
Size/SF 2,325
Arlington, TX
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 2,325
Amherst, OH
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 5,687
University City, MO
Cap Rate 4.35%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 3,062
Leesburg, FL
Cap Rate 4.15%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 5,711
Schaumburg, IL
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 2,828
Tampa, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,500
Bellflower, CA
Cap Rate 5.10%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 2,500
Murfreesboro, TN
Cap Rate 4.65%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 2,335
Las Vegas, NV
Cap Rate 4.61%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 3,658
Louisville, KY
Cap Rate 5.13%
Lease NN+
R. Term 11.00 yrs
Size/SF 4,430
Lecanto, FL
Cap Rate 4.70%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 3,500
Dallas, TX
Cap Rate 4.15%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 4,680
Las Vegas, NV
Cap Rate 4.35%
Lease Double NN
R. Term 15.00 yrs
Size/SF 2,325
Conroe, TX
Cap Rate 4.75%
Lease Abs NNN
R. Term 19.90 yrs
Size/SF 2,325
Las Vegas, NV
Cap Rate 4.35%
Lease NN+
R. Term 15.00 yrs
Size/SF 2,325
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
