Skip to main content

Restaurant

Chipotle Ground Lease

333 N Saddle Creek Rd, Omaha, NE 68131

Listing Price: $2,987,000

Cap Rate
3.85%
Tenant Name
Chipotle
Years Remaining On Lease
13.3
Gross SF
2,325
Guarantor
Corporate Guarantee
Rentable SF
2,325
Price/Gross SF
$1,284.73
Lease Type
Ground Lease
Rent Per Square Feet
$49.46

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. Founded in 1993, Chipotle is one of the first chains of fast casual dining establishments, offering more than 65,000 combinations of burritos, soft tacos, crispy tacos, chips and salsa, beer, and margaritas. Omaha, the largest city in the State of Nebraska and the 42nd-largest city in the United States, is located on the Missouri river and just 10 miles north of the Platte, or Nebraska River. Omaha is the county seat of Douglas County and the anchor of the Omaha-Council Bluffs metropolitan area, which boasts a population of nearly one million residents. Named after an American Indian Tribe, Omaha means "Those going against the wind or current", a true and continuing characterization of the city's culture.

Investment Highlights

  • More than 13 Years Remaining on Corporate Triple-Net Ground Lease with Chipotle
  • 10 Percent Rental Increases Every Five Years and Four, Five Year Renewal Options
  • 287,391 Residents Within a Five-Mile Radius - Robust Trade Area in Heart of Omaha MSA
  • 2020 Construction with a Drive Thru, "Chipotlane" Restaurant Concepts Generate 10 Percent More in Sales
  • Surrounded by National Retailers - Walmart Neighborhood Market, Ace Hardware, Walgreens, Panera, Burger King, Popeye's, Qdoba, and More
  • High Visibility Location Along N Saddle Creek Road (24,700 Cars per Day) and Just Off of Dodge Street / Route 6 (20,530 Cars per Day)
  • Subject Property is Less than 10 Minutes / Three Miles from Downtown Omaha
  • Less than One Mile from the Nebraska Medical Center and UNMC Medical Center

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) NE: 20200223

    Nebraska

Financing By

Restaurant

Chipotle Ground Lease

Listing Price: $2,987,000

Cap Rate
3.85%
Tenant Name
Chipotle
Years Remaining On Lease
13.3
Gross SF
2,325
Guarantor
Corporate Guarantee
Rentable SF
2,325
Price/Gross SF
$1,284.73
Lease Type
Ground Lease
Rent Per Square Feet
$49.46

Investment Highlights

  • More than 13 Years Remaining on Corporate Triple-Net Ground Lease with Chipotle
  • 10 Percent Rental Increases Every Five Years and Four, Five Year Renewal Options
  • 287,391 Residents Within a Five-Mile Radius - Robust Trade Area in Heart of Omaha MSA
  • 2020 Construction with a Drive Thru, "Chipotlane" Restaurant Concepts Generate 10 Percent More in Sales
  • Surrounded by National Retailers - Walmart Neighborhood Market, Ace Hardware, Walgreens, Panera, Burger King, Popeye's, Qdoba, and More
  • High Visibility Location Along N Saddle Creek Road (24,700 Cars per Day) and Just Off of Dodge Street / Route 6 (20,530 Cars per Day)
  • Subject Property is Less than 10 Minutes / Three Miles from Downtown Omaha
  • Less than One Mile from the Nebraska Medical Center and UNMC Medical Center

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. Founded in 1993, Chipotle is one of the first chains of fast casual dining establishments, offering more than 65,000 combinations of burritos, soft tacos, crispy tacos, chips and salsa, beer, and margaritas. Omaha, the largest city in the State of Nebraska and the 42nd-largest city in the United States, is located on the Missouri river and just 10 miles north of the Platte, or Nebraska River. Omaha is the county seat of Douglas County and the anchor of the Omaha-Council Bluffs metropolitan area, which boasts a population of nearly one million residents. Named after an American Indian Tribe, Omaha means "Those going against the wind or current", a true and continuing characterization of the city's culture.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): NE: 20200223

    Nebraska

Financing By

MM Texture Background
MM Textured Background Lower