SOLD – Chipotle – North Augusta

362 E Martintown Rd, North Augusta, SC 29841

THE OPPORTUNITY

Opportunity to purchase a new construction Single Tenant Net Leased Chipotle in North Augusta, SC (Augusta, GA MSA). Corporate Guarantee with long term 10 year lease with 10% bumps every 5 years. Outparcel to one of the top performing Publix Supermarkets in the Augusta MSA.

THE HIGHLIGHTS

Credit Corporate Guarantee with long term 10 year Lease
Chipotle (NYSE:CMG) has a revenue of $4.85 billion
Strong 10% Rental Increases every 5 years through the primary term and option periods
New construction, building was completed the end of 2017
Outparcel to recently redeveloped Publix Anchored Shopping Center
Strong barriers of entry to the market
One of the top performing Publix Supermarkets in the Augusta, GA MSA
Located at the primary intersection (Hwy 25 and E Martintown Rd) in the North Augusta Market
High traffic counts in excess of 36,000 cars daily
Tenants that located to the shopping center within the past 24 months following the redevelopment include PetSmart, Ross, Burkes Outlet, and Rack Room Shoes
Location offers strong local trade, high traffic and visibility as well as excellent ingress and egress

This property has sold.