Restaurant
Chipotle Drive-Thru | 15 Yr Abs NNN
10100 E Old Vail Rd, Tucson, AZ 85747
Listing Price: $4,234,000
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.
Tucson is the second largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business. Over the next five years, the metro is projected to add roughly 37,000 new residents.
Chipotle Drive-Thru | 15 Yr Abs NNN
Investment Highlights
- New 15 Year Absolute NNN Corporate Lease
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Approximately 52,400 Residents in a Five-Mile Radius - Growing Trade Area in Tucson
- Households and Population Projected to Increase ±8 Percent in the Surrounding Area Over the Next Five Years
- Located in Houghton Town Center, Anchored by The Home Depot and Walmart
- Across from Las Plazas at Old Vail, National Tenants Include Dutch Bros, Salad and Go, Arby's, Taco Bell, Big O Tires, and More
- Growing Retail Trade Area With New Developments Including Costco Wholesale, Sprouts Farmers Market, Mattress Firm, and More
Listing Price: $4,234,000
Investment Highlights
- New 15 Year Absolute NNN Corporate Lease
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Approximately 52,400 Residents in a Five-Mile Radius - Growing Trade Area in Tucson
- Households and Population Projected to Increase ±8 Percent in the Surrounding Area Over the Next Five Years
- Located in Houghton Town Center, Anchored by The Home Depot and Walmart
- Across from Las Plazas at Old Vail, National Tenants Include Dutch Bros, Salad and Go, Arby's, Taco Bell, Big O Tires, and More
- Growing Retail Trade Area With New Developments Including Costco Wholesale, Sprouts Farmers Market, Mattress Firm, and More
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. Tucson is the second largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business. Over the next five years, the metro is projected to add roughly 37,000 new residents.
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