Chipotle

1800 Gallatin Pike North, Madison, TN

Deal Type:

Net Lease

Price:

$2,940,000

Cap Rate:

4.00%

Current Rent:

$117,600

Lease Type:

Triple Net

Lease Term:

15 years

Landlord Responsibilities:

None

Renewal Options:

4, 5-year options

Building Sq. Ft.:

2,325 SF

Rent Increases:

10% every 5 years

Site Size:

0.70 Acres

Access Offering Memorandum

Investment Highlights

New 15 year absolute NNN lease with 10% rent increases every 5 years
Asset qualifies for depreciation
Brand new construction and prototype featuring “Chipotlane”
Corporately guaranteed by Chipotle (NYSE: CMG); 2020 net income of $355mm
High growth Nashville MSA location with 13% population growth from year prior
Exposure to 65,000 VPD at the intersection

Listing Agents

Connor Shell

Managing Director
407 913 9009
Connor@stream-cp.com

Graham Gold

Vice President
314 324 8792
Graham@stream-cp.com

Jordan Shtulman

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

In Association with ParaSell, Inc. | A Licensed Tennessee Broker #264531

Download Offering Memorandum

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