CHIPOTLE | $2,944,444 | 4.50% CAP
The Deltondo Team from Marcus & Millichap is excited to present an exceptional investment opportunity: Chipotle located in Indian Land, SC, within the Charlotte Metropolitan Statistical Area (MSA). This highly sought-after property is being offered for sale with a brand new 15-year lease agreement in place. The lease includes attractive terms such as 10% rental increases every 5 years, as well as four additional 5-year options to extend the lease, providing long-term stability for potential investors.
Strategically positioned along Charlotte Highway, the Chipotle location benefits from prime frontage, ensuring excellent visibility to a significant daily traffic volume of over 30,800 vehicles. Additionally, it is conveniently situated adjacent to the popular shopping center, The Promenade at Carolina Reserve, which draws an estimated 2.3 million visitors annually. This prime location offers a highly desirable customer base and serves as a key selling point for this investment opportunity.