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Restaurant

Chipotle | 15 Years Remaining | Washington, DC MSA | Newly Constructed with "Chipotlane"

200-208 Sunburst Hwy, Cambridge, MD 21613

Listing Price: Request For Offer

Tenant Name
Chipotle
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
2,365
Lease Type
Double Net
Rent Per Square Feet
$64.48

Investment Overview

The Tenant, Chipotle Mexican Grill, Inc., is subject to a new 15-year lease with the tenant set to open May 2024. The corporate lease features 10 percent rental increases every five years during the base term and option periods, providing an excellent hedge against inflation. Chipotle will operate in a 2,365-square-foot store with outdoor seating and a "Chipotlane" modernized drive-thru. A longtime leader and innovator in the food industry, Chipotle is publicly traded on the New York Stock Exchange under the ticker NYSE: CMG.

Investment Highlights

  • 15-Year Lease with 10% Increases Every 5 Years
  • Newly Constructed Location with "Chipotlane" Drive-Thru
  • Popular Beach Route (Route 50) Location; 37,468 VPD and Growing

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

  • David S. Crotts

    First Vice President Investments

    (202) 536-3757

    Email David

    License(s): MD: 652010, VA: 0225208906, DC: SP98374073

    Washington, D.C.

Financing By

Restaurant

Chipotle | 15 Years Remaining | Washington, DC MSA | Newly Constructed with "Chipotlane"

Listing Price: Request For Offer

Tenant Name
Chipotle
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
2,365
Lease Type
Double Net
Rent Per Square Feet
$64.48

Investment Highlights

  • 15-Year Lease with 10% Increases Every 5 Years
  • Newly Constructed Location with "Chipotlane" Drive-Thru
  • Popular Beach Route (Route 50) Location; 37,468 VPD and Growing

Investment Overview

The Tenant, Chipotle Mexican Grill, Inc., is subject to a new 15-year lease with the tenant set to open May 2024. The corporate lease features 10 percent rental increases every five years during the base term and option periods, providing an excellent hedge against inflation. Chipotle will operate in a 2,365-square-foot store with outdoor seating and a "Chipotlane" modernized drive-thru. A longtime leader and innovator in the food industry, Chipotle is publicly traded on the New York Stock Exchange under the ticker NYSE: CMG.

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

  • David S. Crotts

    First Vice President Investments

    (202) 536-3757

    Email David

    License(s): MD: 652010, VA: 0225208906, DC: SP98374073

    Washington, D.C.

Financing By

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