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Restaurant

Chipotle - Scottsdale

8099 E McDowell Rd, Scottsdale, AZ 85257

Listing Price: $3,200,000

Cap Rate
4.50%
Tenant Name
Chipotle
Years Remaining On Lease
8.3
Gross SF
2,325
Guarantor
Corporate Guarantee
Rentable SF
2,325
Price/Gross SF
$1,376.34
Lease Type
Double Net
Rent Per Square Feet
$61.94

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.

Adjacent to the Greater Phoenix Area, Scottsdale is known as “the West’s most Western town” and was described in the New York Times as “a desert version of Miami’s South Beach.” With a population of more than 240,000, the City of Scottsdale is among Arizona’s ten largest cities.

Investment Highlights

  • Rare Opportunity to Buy in Scottsdale
  • More Than 8 Years Remaining on Corporate Lease with Chipotle (NYSE: CMG)
  • 282,636 Residents within a Five-Mile Radius - Households and Population Projected to Increase 4 Percent in the Surrounding Area by 2030
  • Multiple Renewal Options with 10 Percent Rental Increases Every Five Years
  • Average Household Income Exceeds $107,000 within Three Miles

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Restaurant

Chipotle - Scottsdale

Listing Price: $3,200,000

Cap Rate
4.50%
Tenant Name
Chipotle
Years Remaining On Lease
8.3
Gross SF
2,325
Guarantor
Corporate Guarantee
Rentable SF
2,325
Price/Gross SF
$1,376.34
Lease Type
Double Net
Rent Per Square Feet
$61.94

Investment Highlights

  • Rare Opportunity to Buy in Scottsdale
  • More Than 8 Years Remaining on Corporate Lease with Chipotle (NYSE: CMG)
  • 282,636 Residents within a Five-Mile Radius - Households and Population Projected to Increase 4 Percent in the Surrounding Area by 2030
  • Multiple Renewal Options with 10 Percent Rental Increases Every Five Years
  • Average Household Income Exceeds $107,000 within Three Miles

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. Adjacent to the Greater Phoenix Area, Scottsdale is known as “the West’s most Western town” and was described in the New York Times as “a desert version of Miami’s South Beach.” With a population of more than 240,000, the City of Scottsdale is among Arizona’s ten largest cities.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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