Chipotle| $3,703,916 | 4.75% CAP
» TRIPLE NET LEASE WITH MINIMAL LANDLORD RESPONSIBILITIES · CORPORATE
GUARANTOR: The Property is secured by a 15-Year Triple Net Lease with 11.25 Years Remaining.
» ATTRACTIVE RENTAL GROWTH & RENEWAL OPTIONS: 10% rent increases every 5 years, with four (4) five-year renewal options.
» MAJOR RETAIL CORRIDOR | PROXIMITY TO ST. DAVID’S ROUND ROCK MEDICAL CENTER: Surrounding retail includes H-E-B, LA Fitness, Whataburger, Starbucks and is positioned near a premier 209-bed Level II Trauma Center on N Rm 620 Road (31,769 VPD).
» ROUND ROCK, TX | DELL GLOBAL HEADQUARTERS: Round Rock is located in thriving Austin MSA and is the home of Dell Global Headquarters which has contributed to 3.5 million jobs in the state and has a $2 billion state-wide impact. The city recently extended its development contract with Dell until 2099.
» AUSTIN MSA | ONE OF THE FASTEST GROWING, TECH-DRIVEN REGIONS IN USA:
Austin MSA has a population of 2.28 million and is ranked #6 Best Performing City in the United States by Milken Institute.