Restaurant
Chipotle | 15-Year Absolute NNN Lease | New 2025 Build
2682 Eastern Blvd, Montgomery, AL 36117
Listing Price: $3,750,000
Cap Rate
5.00%
Tenant Name
Chipotle Mexican Grill, Inc.
Years Remaining On Lease
15.0
Gross SF
2,325
Guarantor
Corporate Guarantee
Rentable SF
2,325
Price/Gross SF
$1,612.90
Lease Type
Absolute Net
Rent Per Square Feet
$80.65
Investment Overview
-
Broker of Record
Restaurant
Chipotle | 15-Year Absolute NNN Lease | New 2025 Build
Listing Price: $3,750,000
Cap Rate
5.00%
Tenant Name
Chipotle Mexican Grill, Inc.
Years Remaining On Lease
15.0
Gross SF
2,325
Guarantor
Corporate Guarantee
Rentable SF
2,325
Price/Gross SF
$1,612.90
Lease Type
Absolute Net
Rent Per Square Feet
$80.65
Investment Highlights
- Brand New Chipotle Drive-Thru | Rare 15-Year Absolute NNN Lease
- Ideal Passive Investment | 10% Rental Increases Every 5-Years & During Each of the Four, 5-Year Options
- Located in a Dense Retail Corridor in Montgomery, AL
Investment Overview
-
Broker of Record
-
Eddie Greenhalgh
Senior Vice President Investments
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