1800 Gallatin Pike N | Madison, TN 37115
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- LoopNet Team
1800 Gallatin Pike N
Madison, TN 37115
Chipotle · Retail Property For Sale
Investment Highlights
- New 15 year absolute NNN lease with 10% rent increases every 5 years
- Brand new construction and prototype featuring “Chipotlane”
- High growth Nashville MSA location with 13% population growth from year prior
- Asset qualifies for depreciation
- Corporately guaranteed by Chipotle (NYSE: CMG); 2020 net income of $355mm
- Exposure to 65,000 VPD at the intersection
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,325 SF
Building Class
B
Year Built
1983
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
3.38 AC
Zoning
CS
Parking
60 Spaces (1.42 Spaces per 1,000 SF Leased)
Frontage
251 ft on Gallatin Pike North
PROPERTY TAXES
| Parcel Number | 034-02-0-074 | Improvements Assessment | $3,958 |
| Land Assessment | $259,853 | Total Assessment | $263,812 |
PROPERTY TAXES
Parcel Number
034-02-0-074
Land Assessment
$259,853
Improvements Assessment
$3,958
Total Assessment
$263,812
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