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1219 Burkemont Ave
Morganton, NC 28655

$3,400,000 USD

Fast Food For Sale  •  3,091 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,045 SF
  • Lot Size 0.84 AC
  • Building Class C
  • Year Built 1989
  • Tenancy Single
  • Zoning R-3
0 Transit Score
40 Walk Score

Highlights

15-Year Corporate Absolute NNN Lease to Chipotle (NYSE: CMG)
No Landlord Maintenance Responsibilities
10% Rental Escalations throughout Primary Term
Complete Renovation in 2024 with "Chipotlane" Drive-Thru & Outdoor Patio
1st Chipotlane Location in Burke County
Approximately 1 Hour from Charlotte and Asheville

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 48
Type: Surface
Included in Rent: Yes
Putnam Daily 510-289-1166 Fisher James Capital
Putnam Daily 510-289-1166 Fisher James Capital