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| Price $2,419,048 | Built/Renov 2022 | Tenant Chipotle Mexican Grill |
| Cap Rate 5.25% | Lease Type
Abs NNN | Guarantor Corp Traded |
| Size/SF
2,742
| Lease Start
12-22-2022
| #Units
3,437
|
| Price/SF $882.22 | Expiration
12-31-2037
| Tenant Type Fast Casual/Rest. |
| NOI $127,000 | R. Term 13.1 | Ownership Fee Simple |
| Rent/SF
$46.32
| Increases 10.0%/5/yrs | Pop 5Mi 26,764 |
| Lot/AC 0.75 | Options 4/5yrs/10% | AHHI 5Mi $73,987 |
| | |
Chipotle Mexican Grill is strategically located on Lee Highway, with access to 27264 vehicles passing by daily. The property is conveniently situated near Kroger and just 2 miles from Radford University, which has an enrollment of 8,000 students. The area features well-known national tenants such as Walmart Supercenter, Lowe's, McDonald's, Starbucks, Bojangles, and more. Key educational...
...New construction
Dense retail corridor
Near major nationals
Strategically located
Highway location
University college close
Absolute NNN
Long 10+ 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 specializes in...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
