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7116 Hwy 70 S, Nashville, TN, 37221

Chipotle

$4,940,000

Key Information

Cap Rate
4.65%
$ per SF
$1,805
Tot. SF
2,736
Lot Size
0.37 Acres
Year Built
2026
Term Remaining
± 15 Years
Type
Retail
Occupancy
100%
NOI
$230,000

Highlights

• Brand New 2026 Build with a 15-Year Lease — Rent commencing in October of 2026 under an Absolute Triple Net lease until 2041 with Four, Five (5) Year Options.
• Corporate Guarantee — The lease is corporate guaranteed by Chipotle Mexican Grill, Inc., a publicly traded (NYSE: CMG) and nationally recognized tenant with over 3,800 locations.
• Embedded Rent-Growth — The lease contains 10% increases every 5 years including options, allowing for substantial NOI growth.
• Located Off of HWY 70 S in Bellevue — Strategically positioned on HWY 70 S, the main thoroughfare through Bellevue, seeing over 19,000 VPD.
• Adjacent to a Signalized Corner — Sitting two properties away from the HWY 70 S/Old Hickory Blvd intersection, this crossing sees a combined 45,000+ VPD, with 3 strip centers adjacent to the property as well, adding to the traffic surrounding the property.
• Located Down the Street from One Bellevue Place — The property sits 1.5 miles from One Bellevue Place, a 355,000 square-foot mixed-use power center anchored by Sprouts Farmers Market, AMC Theatres and the Ford Ice Center.
• Growing and Upcoming Market – Fastest Growing County in TN — Part of the Bellevue suburb of Nashville, with Davidson County seeing a 6.5% population increase from 2020-2024, showing growth year over year.
• Premier Retail Corridor — The property is surrounded by nationally recognized retailers like Publix, Sprouts Farmers Market, Kroger, Chick-fil-A, Home Depot, Walgreens, McDonald’s, T.J. Maxx and more.

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 356505, 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203