10611 Greenbelt Rd - Retail FOR SALE


Lanham, MD 20706
$3,162,000 USD
602-538-7155
10611 Greenbelt Rd, Lanham, MD for Sale
$3,162,000 USD
Retail - FOR SALE
1/5
null | 5% Cap Rate

10611 Greenbelt Rd
Lanham, MD 20706


HIGHLIGHTS

  • Corporate Guaranty
  • Brand new construction
  • Long term primary lease - 15 years remaining
  • Attractive 10% rent increases every 5 years
  • Chipotle (NYSE: CMG) has Market Cap of $48.54B
  • Approximately 10 minutes from the University of Maryland, College Park, with over 40,000 students

OVERVIEW

Cushman & Wakefield is pleased to present the opportunity to acquire a net leased investment tenanted by Chipotle Mexican Grill, one of the most recognized and successful fast-casual restaurant brands in the United States. The property is secured by a corporate-guaranteed NN lease, offering investors a stable income stream backed by Chipotle Mexican Grill, Inc. Constructed in 2026, the asset features a brand new prototype with a 15-year primary lease term and attractive 10% rental increases every five years, creating both long-term income durability and embedded growth. Founded in 1993 in Denver, Colorado, Chipotle has grown into a leading publicly traded restaurant company and a pioneer of the fast-casual dining segment. Today, the company operates more than 4,000 locations globally and employs approximately 130,000 people. Chipotle generated approximately $11.9 billion in revenue in 2025 and maintains a market capitalization of roughly $48.54 billion. Publicly traded on the NYSE under the ticker symbol “CMG,” the company remains one of the largest and most prominent restaurant platforms in the country, supported by continued store expansion and strong consumer demand. The property is located at 10611 Greenbelt Road in Lanham, Maryland, along Greenbelt Road (MD-193), a major commuter corridor with traffic counts of approximately 37,359 vehicles per day. The site is positioned within a densely populated trade area featuring more than 186,000 residents within a five-mile radius and average household incomes exceeding $146,000 within three miles. The asset also benefits from its location within a grocery-anchored shopping center alongside Giant Food, KFC, and McDonald’s, and is approximately 10 minutes from the University of Maryland, College Park, which serves more than 40,000 students. In addition, the property is located approximately 1.5 miles from NASA Goddard Space Flight Center, providing an additional long-term employment and demand driver for the area. This offering represents an opportunity to acquire a newly constructed Chipotle investment with corporate credit backing, long-term lease security, contractual rent growth, and strong underlying real estate fundamentals in a dense and well-established Maryland trade area.

FOR SALE DETAILS

PRICE

$3,162,000 USD

PRICE/SF

$1,360 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.