Chipotle Mexican Grill 11437 Tara blvd
2,804 SF Retail Building Hampton, GA 30228 $5,759,439 CAD ($2,054.01 CAD/SF) 4.85% Cap Rate
INVESTMENT HIGHLIGHTS
- CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT
- STRONG LEASE FUNDAMENTALS
- RETAIL DENSE STRIP
EXECUTIVE SUMMARY
STRONG LEASE FUNDAMENTALS
- 15 Year Abs. NNN Lease with zero landlord responsibilities
- Four (4) five (5) year extensions remaining
- 10% Increases every 5 years in base rent and extension periods
CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT
- Chipotle has a Market Cap of $82B (NYSE: CMG) with over 3,200+ locations across the country
- Chipotle opened 304 new restaurants in 2024 with 257 of those locations utilizing a Chipotlane
RETAIL DENSE STRIP
- More than 848K SF of retail space located within a 2-mile radius of the subject site
- Nearby National Retail Tenants Include: Walmart Supercenter, The Home Depot, The Food Depot, and much more
ATLANTA, GA MSA
- The Chipotle Mexican Grill is located in the Atlanta, GA MSA, as the 8th largest U.S. metro, Atlanta has over 6.2 million residents and continues to expand
- Home to 13+ Fortune 500 companies, the region’s economic strength drives demand for retail
RECENT FULL RENOVATION ON HIGHLY TRAFFICKED CORRIDOR
- The site is positioned on Tara Blvd which sees over 40k VPD, and the building was previously another QSR brand that has been fully converted to Chipotle’s exact specifications
NEARBY ECONOMIC DRIVERS
- Site is surrounded by eight schools which includes high schools and middle schools
- Lovejoy High School - Under two miles from the site - Over 2,100 Students
- Michelle Obama STEM Academy - Under 2 miles from the site - More than 1,000 Students
- Total Student Population in this radius is over 7,000 Students
- 15 Year Abs. NNN Lease with zero landlord responsibilities
- Four (4) five (5) year extensions remaining
- 10% Increases every 5 years in base rent and extension periods
CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT
- Chipotle has a Market Cap of $82B (NYSE: CMG) with over 3,200+ locations across the country
- Chipotle opened 304 new restaurants in 2024 with 257 of those locations utilizing a Chipotlane
RETAIL DENSE STRIP
- More than 848K SF of retail space located within a 2-mile radius of the subject site
- Nearby National Retail Tenants Include: Walmart Supercenter, The Home Depot, The Food Depot, and much more
ATLANTA, GA MSA
- The Chipotle Mexican Grill is located in the Atlanta, GA MSA, as the 8th largest U.S. metro, Atlanta has over 6.2 million residents and continues to expand
- Home to 13+ Fortune 500 companies, the region’s economic strength drives demand for retail
RECENT FULL RENOVATION ON HIGHLY TRAFFICKED CORRIDOR
- The site is positioned on Tara Blvd which sees over 40k VPD, and the building was previously another QSR brand that has been fully converted to Chipotle’s exact specifications
NEARBY ECONOMIC DRIVERS
- Site is surrounded by eight schools which includes high schools and middle schools
- Lovejoy High School - Under two miles from the site - Over 2,100 Students
- Michelle Obama STEM Academy - Under 2 miles from the site - More than 1,000 Students
- Total Student Population in this radius is over 7,000 Students
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,804 SF
Year Built
2025
Price
$5,759,439 CAD
Price Per SF
$2,054.01 CAD
Cap Rate
4.85%
NOI
$279,306 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.78 AC
AMENITIES
- Restaurant
- Tenant Controlled HVAC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Chipotle Mexican Grill
- Accommodation and Food Services
- 2,804 SF
- -
- Net
- Mar 2040
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Chipotle Mexican Grill | Accommodation and Food Services | 2,804 SF | - | Net | Mar 2040 |
NEARBY MAJOR RETAILERS
