12-Year Net Lease with Corporate Guaranty: Long-term lease backed by Chipotle Mexican Grill, Inc., a Fortune 500 company with over 3,446 locations |
Rent escalations every five years during the primary term and option periods, providing a reliable growth in income |
The lease has no tenant termination options, ensuring stability and predictability for the investor |
Net lease structure with minimal landlord responsibilities limited to roof, structure, and parking lot maintenance |
Positioned along Henry Street, an outparcel to a high-volume Meijer and across from a Walmart Supercenter, drawing substantial customer traffic |
More than 15,737 vehicles pass directly in front of the property daily, with additional exposure from Seaway Drive’s 27,000 vehicles per day |