Chipotle

• Brand New Construction: Newly constructed prototype with a fresh 15-year lease featuring a “Chipotlane” drive-thru model designed to serve customers on the go.
• Corporate Guarantee: Lease backed by Chipotle Mexican Grill, Inc. (NYSE: CMG), providing strong credit and financial stability.
• Absolute NNN Lease: The lease is structured as an absolute net lease, providing truly passive ownership with zero landlord responsibilities, including roof, structure, and all operating expenses.
• Attractive Rental Increases: The lease includes 10% rent increases every five (5) years (including options), providing a strong hedge against inflation.
• Fee-Simple: The sale includes ownership of both the land and improvements, providing the Buyer with the ability to depreciate the eligible improvements for tax purposes.
• High Visibility: Positioned directly off I-75 (±78,500 VPD), benefiting from strong exposure to both regional and local traffic.
• Strong Access: The site offers convenient access for eastbound and westbound traffic along Moccasin Wallow Road through a full-access point within the development.
• High Growth Market: Positioned in Parrish, a major residential growth area fueled by large master-planned communities that are driving population growth and long-term retail demand. Major developers in the area include Lennar, Pulte, Del Webb, and Dream Finders. The trade area surrounding the property is experiencing strong momentum, with population growth within a one-mile radius projected to increase by roughly 8% over the next five years.
• Strong Retail Synergy: Located near a dense concentration of national retailers, including Publix, Home Depot, Sam’s Club, Walmart, Taco Bell, Wendy’s, CVS, Culver’s, and Heartland Dental, demonstrating the area’s depth of retail demand.