Chipotle

7201 West Madison Street, Forest Park, IL
Deal Type:
Net Lease
Price:
$3,662,337
Cap Rate:
3.85%
Current Rent:
$141,000
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-year options
Building Sq. Ft.:
2,350 SF
Site Size:
0.47 Acres

Investment Highlights

  • Dense infill, hard corner in affluent Chicago submarket
  • Depreciation benefits with fee simple ownership
  • Over 280,000 population within 3 miles
  • Corporate Chipotle (NYSE: CMG) guarantee with over 2,750 restaurants worldwide
  • Long Term absolute NNN lease with increases throughout
  • Brand new 2021 construction
  • Superior access and visibility with over 53,000 VPD on Harlem Avenue and Madison Street

Listing Agents

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

Adam English

Managing Director
256 694 9803
Adam@stream-cp.com

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