Restaurant
Chipotle Drive-Thru | Across Walmart Supercenter | 15-Year Absolute NNN
1069 Dutch Fork Rd, Irmo (Columbia MSA), SC 29063
Listing Price: $3,056,000
Cap Rate
5.40%
Tenant Name
Chipotle
Years Remaining On Lease
14.5
Guarantor
Corporate Guarantee
Rentable SF
2,325
Lease Type
Absolute Net
Rent Per Square Feet
$70.97
Investment Overview
Marcus & Millichap is pleased to present the Chipotle Drive-Thru in Irmo (Columbia MSA), South Carolina.
Chipotle Drive-Thru | Across Walmart Supercenter | 15-Year Absolute NNN
Investment Highlights
- New 15-Year Absolute NNN Lease with No Landlord Responsibilities | 10% Increases Every 5 Years
- Corporate Guaranty | Fortune 500 Company with 4,100+ Locations & $11.93 Billion in Annual Revenue
- Chipotle Average Unit-Level Sales Exceed $3.1 Million | Annual Base Rent Represents 5.3% of Chainwide Average Sales
- Brand New Construction Featuring "Chipotlane" Drive-Thru
- Serving 96,000+ Residents in Rapidly Growing Suburb to Columbia | 15 Miles to Downtown Columbia
- Average Household Incomes Exceed $141,000 Within 1-Mile and $132,000 Within 3-Miles
- Across from One of the Highest-Performing Walmart Supercenter's in the State (Placer.ai)
- Expanding Retail Corridor | Down the Street from Aldi, New Chase Bank, Chick-fil-A, McDonald's, New Whataburger, New Dutch Bros, Starbucks, and More
Exclusively Listed By
Broker of Record
-
Benjamin Yelm
Senior Managing Director, Market Leader - South Carolina
Financing By
Restaurant
Chipotle Drive-Thru | Across Walmart Supercenter | 15-Year Absolute NNN
Listing Price: $3,056,000
Cap Rate
5.40%
Tenant Name
Chipotle
Years Remaining On Lease
14.5
Guarantor
Corporate Guarantee
Rentable SF
2,325
Lease Type
Absolute Net
Rent Per Square Feet
$70.97
Investment Highlights
- New 15-Year Absolute NNN Lease with No Landlord Responsibilities | 10% Increases Every 5 Years
- Corporate Guaranty | Fortune 500 Company with 4,100+ Locations & $11.93 Billion in Annual Revenue
- Chipotle Average Unit-Level Sales Exceed $3.1 Million | Annual Base Rent Represents 5.3% of Chainwide Average Sales
- Brand New Construction Featuring "Chipotlane" Drive-Thru
- Serving 96,000+ Residents in Rapidly Growing Suburb to Columbia | 15 Miles to Downtown Columbia
- Average Household Incomes Exceed $141,000 Within 1-Mile and $132,000 Within 3-Miles
- Across from One of the Highest-Performing Walmart Supercenter's in the State (Placer.ai)
- Expanding Retail Corridor | Down the Street from Aldi, New Chase Bank, Chick-fil-A, McDonald's, New Whataburger, New Dutch Bros, Starbucks, and More
Investment Overview
Marcus & Millichap is pleased to present the Chipotle Drive-Thru in Irmo (Columbia MSA), South Carolina.
Exclusively Listed By
Broker of Record
-
Benjamin Yelm
Senior Managing Director, Market Leader - South Carolina
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
