Brand New All Masonry Construction – Currently under construction to be a modern build with no deferred maintenance
Long-Term Stability – 20 years on a corporately guaranteed lease
Strong National Brand – Chipotle is a highly recognized and trusted global brand food service brand
Zero Landlord Obligations – The tenant is on an absolute NNN lease allowing for a truly passive investment
Attractive Renewal Options – Chipotle has four, 5-year renewal options to extend the lease
Nashville Metropolitan Statistical Area – Nashville is the most populous metro area in Tennessee, with a population of just over 2 million people
Dense Retail Corridor – Target outparcel and the Cool Springs Galleria is one of the most sought-after retail corridors in the state of Tennessee, Cool Springs welcomes approximately 13 million visitors annually
High Population Growth – 2.90% Annual Growth
Affluent Suburb – The average household income in a 5-mile radius exceeds $156,618
New Developments – The incoming addition of technology behemoth Oracle ($1.2 billion global headquarters campus), e-commerce giant Amazon, investment management firm Alliance Bernstein, and the new $2.1 billion Tennessee Titans Stadium – real estate professionals continue to see the music city as the place to be and invest in despite a year of national decline in property sales and developments
Income Tax-Free State – Tennessee is an income free tax state