Skip to main content

Restaurant

Chipotle | New 15 Year Walmart Outlot

1971 US-30, Montgomery, IL 60538

Listing Price: $3,600,000

Cap Rate
5.35%
Tenant Name
Chipotle
Years Remaining On Lease
14.7
Guarantor
Corporate Guarantee
Rentable SF
2,350
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$82.00

Investment Overview

Brand-new Chipotle with 15 years of remaining lease term, corporately guaranteed under a triple-net structure with scheduled 10 percent rent increases and multiple renewal options. The property design follows the Habanero design concept, featuring modern interior design, updated materials and textures, a reimagined layout designed, optimized kitchens for mobile orders, dedicated pickup areas (both inside and out), and the signature “Chipotlane” drive-thru. Opened June 17, 2026, the property is positioned as an outlot to a Walmart Supercenter along high-traffic Route 30, near a signalized intersection with nearly 55,000 combined vehicles per day. The location benefits from limited nearby Chipotle competition, proximity to a major industrial employment base, low Kendall County taxes, and strong, growing demographics supported by rising household incomes.

Investment Highlights

  • Brand New Chipotle with a 15-Year Corporate NNN Lease | Opened June 2026
  • New Construction | Part of the Chipotle Habanero Concept | All-Brick Construction Supports Low Long-Term Maintenance
  • Premier Walmart Outlot Location | Nearest Walmart Stores are Five Miles Southeast, Nine Miles Northeast, and 13 Miles Southwest, Reinforcing Regional Draw
  • Limited Competition | Approximately 4.7 Miles to the Nearest Chipotle | Clear Under Served Trade Area to the West with Limited Existing Chipotle Locations
  • Adjacent to the Montgomery Industrial Corridor
  • $122,229 Average Household Income, Projected to Reach $139,646 by 2030
  • 172,532 Residents within Five Miles | Population within One Mile has Grown 12.0 Percent Since 2010 with an Additional 2.8 Percent Projected by 2030

Exclusively Listed By

Financing By

Restaurant

Chipotle | New 15 Year Walmart Outlot

Listing Price: $3,600,000

Cap Rate
5.35%
Tenant Name
Chipotle
Years Remaining On Lease
14.7
Guarantor
Corporate Guarantee
Rentable SF
2,350
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$82.00

Investment Highlights

  • Brand New Chipotle with a 15-Year Corporate NNN Lease | Opened June 2026
  • New Construction | Part of the Chipotle Habanero Concept | All-Brick Construction Supports Low Long-Term Maintenance
  • Premier Walmart Outlot Location | Nearest Walmart Stores are Five Miles Southeast, Nine Miles Northeast, and 13 Miles Southwest, Reinforcing Regional Draw
  • Limited Competition | Approximately 4.7 Miles to the Nearest Chipotle | Clear Under Served Trade Area to the West with Limited Existing Chipotle Locations
  • Adjacent to the Montgomery Industrial Corridor
  • $122,229 Average Household Income, Projected to Reach $139,646 by 2030
  • 172,532 Residents within Five Miles | Population within One Mile has Grown 12.0 Percent Since 2010 with an Additional 2.8 Percent Projected by 2030

Investment Overview

Brand-new Chipotle with 15 years of remaining lease term, corporately guaranteed under a triple-net structure with scheduled 10 percent rent increases and multiple renewal options. The property design follows the Habanero design concept, featuring modern interior design, updated materials and textures, a reimagined layout designed, optimized kitchens for mobile orders, dedicated pickup areas (both inside and out), and the signature “Chipotlane” drive-thru. Opened June 17, 2026, the property is positioned as an outlot to a Walmart Supercenter along high-traffic Route 30, near a signalized intersection with nearly 55,000 combined vehicles per day. The location benefits from limited nearby Chipotle competition, proximity to a major industrial employment base, low Kendall County taxes, and strong, growing demographics supported by rising household incomes.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower