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Restaurant

Chipotle Drive-Thru | New 15-Yr. Corporate Lease

3921 Wilder Rd, Bay City, MI 48706

Listing Price: $1,945,000

Cap Rate
5.50%
Tenant Name
Chipotle
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
2,325
Lease Type
Absolute Net
Rent Per Square Feet
$46.00

Investment Overview

Marcus & Millichap is pleased to presen the Chipotle in Bay City. MI.

Investment Highlights

  • 15-Year Lease with Increases Throughout Base Term and Options
  • Corporate Guaranty, Fortune 500 Company with 3,304+ Locations and $9.53 Billion in Annual Revenue
  • Chipotle's Stock (NYSE: CMG) is Up Approximately 345% Over the Last 5 Years
  • Average Unit-Level Sales for Chipotle is Nearly $3 Million in the U.S.
  • Brand New Prototype with "Chipotlane" Drive-Thru, Limited Landlord Responsibilities
  • Serving Over 102,000 Residents in Bay County

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Financing By

Restaurant

Chipotle Drive-Thru | New 15-Yr. Corporate Lease

Listing Price: $1,945,000

Cap Rate
5.50%
Tenant Name
Chipotle
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
2,325
Lease Type
Absolute Net
Rent Per Square Feet
$46.00

Investment Highlights

  • 15-Year Lease with Increases Throughout Base Term and Options
  • Corporate Guaranty, Fortune 500 Company with 3,304+ Locations and $9.53 Billion in Annual Revenue
  • Chipotle's Stock (NYSE: CMG) is Up Approximately 345% Over the Last 5 Years
  • Average Unit-Level Sales for Chipotle is Nearly $3 Million in the U.S.
  • Brand New Prototype with "Chipotlane" Drive-Thru, Limited Landlord Responsibilities
  • Serving Over 102,000 Residents in Bay County

Investment Overview

Marcus & Millichap is pleased to presen the Chipotle in Bay City. MI.

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

Financing By

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