2730 Richlands Hwy
Jacksonville, NC 28540
Chipotle
| Offering Summary | |||
|---|---|---|---|
| Price | $2,421,052 | Cap Rate | 4.75% |
| NOI | $115,000.00 | Rentable SF | 2,400 SF |
| Lot Size | 0.93 +/- Acres | Year Built | 2022 |
| Lease Type | NNN | Lease Term | 15 Years |
Investment Highlights
- Brand New 2022 High-Quality Construction Featuring Chipotle’s
Latest “Chipotlane” Prototype Design w/ Drive-Thru - New 15-Year Lease with 10% Increases Every 5-Years
- Located Directly Across the Street from Walmart & Lowe’s
- Excellent Access and Visibility Along Richlands Hwy with Traffic
Counts Exceeding 21,500 Vehicles Per Day - Corporately Guaranteed Lease by Chipotle (NYSE: CMG) w/ Over
$7.5 Billion in Revenue & Market Cap of $42.05 Billion - With Over 53,000 Active-Duty Military Personnel Assigned to the
Local Bases, United States Marine Corps’ Camp Lejeune & New River
Air Station are Key Population and Economic Drivers in Jacksonville,
Estimated to Draw Over $3 Billion into the Local Economy
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com
Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com