ABSOLUTE NNN – Zero landlord responsibilities – Chipotle self maintains CAM, taxes, insurance and is fully responsible for all capital repairs |
LOWE’S AND HOME DEPOT ANCHORED TRADE AREA – Surrounded by major national retailers including Lowe’s, McDonald’s, Starbucks, and Olive Garden |
10% RENT INCREASES EVERY 5 YEARS – Lease features attractive 10% rental increases every 5 years in base term and in each option period |
EXCELLENT VISIBILITY AND ACCESSIBILITY – Situated on high visibility, signalized intersection of E Alto and S Lafountain Rd |
BRAND NEW 2024 CONSTRUCTION WITH HIGH-CAPACITY DRIVE-THRU – 2024 new construction prototype featuring dine in option and state of the art “Chipotlane” |
STRONG MARKET DEMOGRAPHICS – The site offers strong local demographics, with a population of over 70,000 living within a 5-mile radius |