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Restaurant

Chipotle | 15 Years Remain | Washington, DC MSA | Opening Late Spring 2024

7623 S Osborne Rd, Upper Marlboro, MD 20772

Listing Price: Request For Offer

Tenant Name
Chipotle
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
2,325
Lease Type
Double Net
Rent Per Square Feet
$61.08

Investment Overview

The Tenant, Chipotle Mexican Grill, Inc., is subject to a new 15-year lease. The corporate lease features 10% rental increases every five years during the base term and option periods, providing an excellent hedge against inflation. Chipotle operates in a newly constructed 2,325-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
  • Strong Corporate, Investment Grade Credit (NYSE: CMG)
  • Route 301 Corridor Adjacent to Newly Renovated Safeway Center (42,948 VPD)

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 Remain | Washington, DC MSA | Opening Late Spring 2024

Listing Price: Request For Offer

Tenant Name
Chipotle
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
2,325
Lease Type
Double Net
Rent Per Square Feet
$61.08

Investment Highlights

  • 15-Year Lease with 10% Increases Every 5 Years
  • Strong Corporate, Investment Grade Credit (NYSE: CMG)
  • Route 301 Corridor Adjacent to Newly Renovated Safeway Center (42,948 VPD)

Investment Overview

The Tenant, Chipotle Mexican Grill, Inc., is subject to a new 15-year lease. The corporate lease features 10% rental increases every five years during the base term and option periods, providing an excellent hedge against inflation. Chipotle operates in a newly constructed 2,325-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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