BRAND NEW 2026 CONSTRUCTION | CHIPOTLANE PROTOTYPE

Newly constructed (April 2026 delivery) featuring Chipotle’s latest prototype design, including dine-in service and “Chipotlane” drive-thru, enhancing throughput and customer convenience.

LONG-TERM ABSOLUTE NNN LEASE

New 15-year absolute NNN lease with zero landlord responsibilities, with the tenant responsible for CAM, taxes, insurance, and all capital repairs and replacements, including roof, structure, and parking lot.

STRONG CORPORATE GUARANTEE

Leased to Chipotle Mexican Grill (NYSE: CMG), a Fortune 500 company with ~3,500 locations nationwide, providing a high-quality, creditworthy tenancy.

STRONG RENT GROWTH (10% EVERY 5 YEARS)

Lease features 10% rental increases every five years throughout the base term and option periods, providing attractive, built-in income growth.

HIGH-VISIBILITY RETAIL CORRIDOR

Positioned along the primary commercial corridor near State St and US Business 20, offering strong visibility and accessibility. The State of Illinois has announced plans to expand the corridor from two to four lanes, supporting future traffic growth.

ROCKFORD REGIONAL ECONOMIC HUB

Located within the Rockford CSA (~400,000 population), one of the largest metro areas in Illinois outside of Chicago, supported by a diverse economic base and stable consumer demand.