1060 Ridgeland Pkwy
Alpharetta (Atlanta), GA 30004
Chipotle
| Offering Summary | |||
|---|---|---|---|
| Price | $3,777,000 | Cap Rate | 4.50% |
| NOI | $170,000.00 | Rentable SF | 2,325 SF |
| Lot Size | 0.84 +/- Acres | Year Built | 2024 |
| Lease Type | Absolute NNN | Lease Term | 15 Years |
Investment Highlights
- Trophy Chipotle Located in One of the Most Affluent Neighborhoods in Georgia w/ Average Household Income Exceeding $189,000
- Brand New 2024 High-Quality Construction Featuring Chipotle’s Latest “Chipotlane” Prototype Design w/ Drive-Thru
- 15-Year Absolute NNN Lease with 10% Increases Every 5-Years (Corporately Guaranteed by Chipotle (NYSE: CMG))
- Excellent Access & Visibility Right off U.S. Hwy 19 & McFarland Pkwy w/ Combined Traffic Counts Exceeding 165,000 Cars per Day
- Dense Trade Area with Over 165,000 Residents in 5-Miles and 8.0% Expected Population Growth Over the Next 5-Years
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
[email protected]
Greg LaBarre
Vice President
(619) 997-1242
[email protected]