Chipotle Estate For Sale
Chipotle NNN Properties
Thanks to high demand for high quality Mexican cuisine, Chipotle is looked upon as a great investment in the overall QSR market. In the last 10 years, they have reported increasing sales revenue and continue to see upward trends.
In light of this, they are also considered highly regarded when it comes to net leasing opportunities. Chipotle real estate locations can be found alongside educational institutions, regional malls, and local businesses, therefore properties command an excellent value.
With NNN ground leasing and no landlord accountability, Chipotle offers 4 separate 5 year options to renew with a 7.5-12 percent percent increase every five years. Common dimensions for buildings range from 2100-4200 square feet in size, sitting on 0.43-1.55 acre lots and backed by a solid company guarantee.
Originating in Denver, CO back in 1993, Chipotle can be found in the NYSE: CMG and has properties throughout the U.S., U.K., Germany, France, and Canada. With cap rates in excess of twenty two billion dollars, sixteen hundred restaurants, and approximately forty five thousand employees, Chipotle has learned the art of making cooking count.
From unique recipe combinations to interior building designs, they have endeavored to push beyond the boundaries of being ‘plain’ and ‘normal’ on both fronts. Then taking the idea of expressing high quality and bringing it all into an affordable price point; one for all size wallets and pocketbooks.
For the founders, it was all quite simplistic. Good food served quickly and fast food can be mutually exclusive concepts. They took the fast food world by storm at the time, renovating the landscape of modern restaurant chains.
Today with over sixteen hundred restaurants opened, they are classified in a unique way amongst industry leaders. The phrase “fast-casual” is now used, in terms of being favorable in both categories of fast food and fine dining categories; where superior service and quality is blended into the experience.
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