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Restaurant

Chipotle (Atlanta MSA) | Absolute NNN Lease

1020 Chen Pkwy, Stockbridge, GA 30281

Listing Price: $3,105,000

Cap Rate
4.75%
Tenant Name
Chipotle
Years Remaining On Lease
14.3
Guarantor
Corporate Guarantee
Rentable SF
2,325
Lease Type
Absolute Net
Rent Per Square Feet
$63.44

Investment Overview

--Prime Retail Location--

-Located Near Interstate 75 with Traffic Counts Exceeding 167,000 Cars Per Day | I-75 is a Major Highway that Connects Miami to Detroit

-Multiple Residential Developments Next Door Including The Levi Luxury Apartments which Consist of 660 Apartments/Townhomes, 66 Single Family Houses, and a New 200 Unit Senior Living Center

-Outparcel to the #1 Visited Sprouts in the State of Georgia According to Placer.ai (Please Contact Agent for More Details)

-The Subject Property is Part of a Brand-New Master Planned Development with a Number of Premium Retailers Including Whataburger, Chick-fil-A, Starbucks, Bank of the Ozarks, First Watch, Bubba’s 33, Valvoline, Costco, Chipotle, Hacienda Bar & Grill, Lush Nail Bar, and Many More

--Corporate Chipotle Mexican Grill--

-Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market

-Chipotle has Over 3,400 Locations in Operation | Corporate Guaranty from Investment Grade Tenant with Over $10 Billion in Revenue

-Rare Drive-Thru “Chipotlane” Concept to Accommodate More Order Volume

-Scheduled 10% Rental Increases Every 5 Years Throughout the Initial Term and Options Provide for an Excellent Hedge Against Inflation

--Pride of Ownership Property in McDonough, GA--

-Dense, Infill Location with Over 102,000 Residents Within 5 Miles | Affluent Area with the Average Household Income Exceeding $94,000 Within 5 Miles

-The Surrounding Area Benefits From a Very Low Unemployment Level of 2.62%

-Access to Major Interstate Corridor with Easy Access to Downtown Atlanta Makes the Local Market an Industrial & Distribution Hub with ±8.8M Square Feet of Industrial Properties

Investment Highlights

  • Brand New 15-Year Corporate Guaranteed Chipotle
  • Outparcel to New Sprouts Anchored Shopping Center
  • Located on the Corner of a Signalized Intersection Across from a Brand New Costco-Anchored Center
  • Attractive Seller Financing Available with a Below-Market Interest Rate (Please Contact Agent for More Details)

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Restaurant

Chipotle (Atlanta MSA) | Absolute NNN Lease

Listing Price: $3,105,000

Cap Rate
4.75%
Tenant Name
Chipotle
Years Remaining On Lease
14.3
Guarantor
Corporate Guarantee
Rentable SF
2,325
Lease Type
Absolute Net
Rent Per Square Feet
$63.44

Investment Highlights

  • Brand New 15-Year Corporate Guaranteed Chipotle
  • Outparcel to New Sprouts Anchored Shopping Center
  • Located on the Corner of a Signalized Intersection Across from a Brand New Costco-Anchored Center
  • Attractive Seller Financing Available with a Below-Market Interest Rate (Please Contact Agent for More Details)

Investment Overview

--Prime Retail Location-- -Located Near Interstate 75 with Traffic Counts Exceeding 167,000 Cars Per Day | I-75 is a Major Highway that Connects Miami to Detroit -Multiple Residential Developments Next Door Including The Levi Luxury Apartments which Consist of 660 Apartments/Townhomes, 66 Single Family Houses, and a New 200 Unit Senior Living Center -Outparcel to the #1 Visited Sprouts in the State of Georgia According to Placer.ai (Please Contact Agent for More Details) -The Subject Property is Part of a Brand-New Master Planned Development with a Number of Premium Retailers Including Whataburger, Chick-fil-A, Starbucks, Bank of the Ozarks, First Watch, Bubba’s 33, Valvoline, Costco, Chipotle, Hacienda Bar & Grill, Lush Nail Bar, and Many More --Corporate Chipotle Mexican Grill-- -Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market -Chipotle has Over 3,400 Locations in Operation | Corporate Guaranty from Investment Grade Tenant with Over $10 Billion in Revenue -Rare Drive-Thru “Chipotlane” Concept to Accommodate More Order Volume -Scheduled 10% Rental Increases Every 5 Years Throughout the Initial Term and Options Provide for an Excellent Hedge Against Inflation --Pride of Ownership Property in McDonough, GA-- -Dense, Infill Location with Over 102,000 Residents Within 5 Miles | Affluent Area with the Average Household Income Exceeding $94,000 Within 5 Miles -The Surrounding Area Benefits From a Very Low Unemployment Level of 2.62% -Access to Major Interstate Corridor with Easy Access to Downtown Atlanta Makes the Local Market an Industrial & Distribution Hub with ±8.8M Square Feet of Industrial Properties

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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