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Restaurant

Chipotle | New Construction 15-Yr Lease | Mall Outparcel

1710 Market Ln, Norfolk, NE 68701

Listing Price: $2,906,000

Cap Rate
5.40%
Tenant Name
Chipotle
Years Remaining On Lease
15.0
Gross SF
2,325
Guarantor
Corporate Guarantee
Rentable SF
2,325
Price/Gross SF
$1,249.89
Lease Type
Double Net
Rent Per Square Feet
$67.50

Investment Overview

Chipotle Mexican Grill, Inc. (NYSE: CMG) is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, known for its large burritos, assembly-line production, and use of natural ingredients.

Norfolk is a city in northeast Nebraska, in Madison County, Nebraska, located in the Elkhorn River Valley. It lies at the intersection of U.S. Highways 81 and 275 and Nebraska Highways 24 and 35.

Investment Highlights

  • Brand New 15-Year Corporate Lease with Chipotle (NYSE: CMG)
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • High-Quality 2025 Construction with a "Chipotlane" Drive-Thru
  • Only Chipotle within 80 Miles
  • Chipotle Locations with a "Chipotlane" Generate 10 Percent More in Sales Than Traditional Chipotle Restaurants

Exclusively Listed By

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) NE: 20250136

    Nebraska

Financing By

Restaurant

Chipotle | New Construction 15-Yr Lease | Mall Outparcel

Listing Price: $2,906,000

Cap Rate
5.40%
Tenant Name
Chipotle
Years Remaining On Lease
15.0
Gross SF
2,325
Guarantor
Corporate Guarantee
Rentable SF
2,325
Price/Gross SF
$1,249.89
Lease Type
Double Net
Rent Per Square Feet
$67.50

Investment Highlights

  • Brand New 15-Year Corporate Lease with Chipotle (NYSE: CMG)
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • High-Quality 2025 Construction with a "Chipotlane" Drive-Thru
  • Only Chipotle within 80 Miles
  • Chipotle Locations with a "Chipotlane" Generate 10 Percent More in Sales Than Traditional Chipotle Restaurants

Investment Overview

Chipotle Mexican Grill, Inc. (NYSE: CMG) is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, known for its large burritos, assembly-line production, and use of natural ingredients. Norfolk is a city in northeast Nebraska, in Madison County, Nebraska, located in the Elkhorn River Valley. It lies at the intersection of U.S. Highways 81 and 275 and Nebraska Highways 24 and 35.

Exclusively Listed By

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): NE: 20250136

    Nebraska

Financing By

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