Restaurant
Chipotle
6830 Lake Plaza Dr, Indianapolis, IN 46220
Listing Price: $2,694,700
Investment Overview
Chipotle Mexican Grill, Inc. (NYSE: CMG) is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, known for its large burritos, assembly-line production, and use of natural ingredients.
Indianapolis is the 12th largest city in the U.S., and home to 810,000 residents in the city proper, with two million residents in the greater metropolitan area. Nicknamed the “Circle City,” and “Crossroads of America,” Indianapolis has more interstate highways bisecting the city and state than any other in the country, and half the nation’s population is within a days drive of Indianapolis which makes it a center for the transportation of goods.
Chipotle
Investment Highlights
- New 15-Year Triple-Net (NNN) Corporate Lease with Chipotle
- Tenant is Paying a Lower Rent Factor than the Majority of All New Chipotles on the Market for Sale
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- New 2023 Construction with a "Chipotlane" Drive-Thru
- Chipotle Locations with a "Chipotlane" Generate 10 Percent More in Sales than Traditional Chipotle Stores
- 194,585 Residents and 244,069 Daytime Employees Within a Five-Mile Radius - Dense Indianapolis Infill
- Hard Corner Location with Excellent Visibility Along Binford Boulevard, a Significant Indianapolis Thoroughfare (Over 37,145 Combined Cars per Day at the Intersection)
- Across from a Top Performing Kroger - Ranked #29 Out of 101 Krogers in Indiana According to Placer.ai
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $2,694,700
Investment Highlights
- New 15-Year Triple-Net (NNN) Corporate Lease with Chipotle
- Tenant is Paying a Lower Rent Factor than the Majority of All New Chipotles on the Market for Sale
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- New 2023 Construction with a "Chipotlane" Drive-Thru
- Chipotle Locations with a "Chipotlane" Generate 10 Percent More in Sales than Traditional Chipotle Stores
- 194,585 Residents and 244,069 Daytime Employees Within a Five-Mile Radius - Dense Indianapolis Infill
- Hard Corner Location with Excellent Visibility Along Binford Boulevard, a Significant Indianapolis Thoroughfare (Over 37,145 Combined Cars per Day at the Intersection)
- Across from a Top Performing Kroger - Ranked #29 Out of 101 Krogers in Indiana According to Placer.ai
Investment Overview
Chipotle Mexican Grill, Inc. (NYSE: CMG) is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, known for its large burritos, assembly-line production, and use of natural ingredients. Indianapolis is the 12th largest city in the U.S., and home to 810,000 residents in the city proper, with two million residents in the greater metropolitan area. Nicknamed the “Circle City,” and “Crossroads of America,” Indianapolis has more interstate highways bisecting the city and state than any other in the country, and half the nation’s population is within a days drive of Indianapolis which makes it a center for the transportation of goods.
Exclusively Listed By
Broker of Record
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Josh Caruana
First Vice President/District Manager
Financing By
