Restaurant
Chipotle | 15 Years Remaining | Greenville, SC MSA | Busy 36k VPD Frontage
108 S Main St, Mauldin, SC 29662
Listing Price: $2,448,980
Investment Overview
The Tenant, Chipotle Mexican Grill, Inc., is subject to a 15-year corporate lease with 10 percent rental increases every five years, providing an excellent hedge against inflation. The Tenant will operate in a newly constructed 2,400-square-foot store with Chipotlane drive-thru and outdoor patio seating. A longtime leader and innovator in the food industry, Chipotle is publicly traded on the New York Stock Exchange (NYSE:CMG) and rated “A2” by Creditntell, which is the equivalent to “AA(+/-)” by Standard & Poor’s.
Chipotle | 15 Years Remaining | Greenville, SC MSA | Busy 36k VPD Frontage
Investment Highlights
- Outparcel to Publix-Anchored Center; Chipotlane Drive-Thru Location
- Affluent Greenville Region; Eight Percent Growth Projected in Next Five Years
- New 15-Year Lease with 10 Percent Increases Every Five Years
Restaurant
Chipotle | 15 Years Remaining | Greenville, SC MSA | Busy 36k VPD Frontage
Listing Price: $2,448,980
Investment Highlights
- Outparcel to Publix-Anchored Center; Chipotlane Drive-Thru Location
- Affluent Greenville Region; Eight Percent Growth Projected in Next Five Years
- New 15-Year Lease with 10 Percent Increases Every Five Years
Investment Overview
The Tenant, Chipotle Mexican Grill, Inc., is subject to a 15-year corporate lease with 10 percent rental increases every five years, providing an excellent hedge against inflation. The Tenant will operate in a newly constructed 2,400-square-foot store with Chipotlane drive-thru and outdoor patio seating. A longtime leader and innovator in the food industry, Chipotle is publicly traded on the New York Stock Exchange (NYSE:CMG) and rated “A2” by Creditntell, which is the equivalent to “AA(+/-)” by Standard & Poor’s.
