We are pleased to present a rare opportunity for qualified investors to acquire a newly constructed Chipotle (NYSE: CMG) in Bozeman, Montana. This fee simple offering features a corporate-guaranteed, 10-year NN lease with 10% rental increases every five years – including four 5-year options – providing a strong hedge against inflation and minimal landlord responsibilities.
Located in one of the fastest-growing micropolitan areas in the country, this Chipotle benefits from a prime position just 15 minutes from Bozeman Yellowstone International Airport. The area is home to major employers such as Simms Fishing, Snowflake Inc., Oracle, Gibson Guitars, and Schedulicity. Bozeman also serves as a gateway to major regional attractions, with over 4.5 million annual visitors to Yellowstone National Park and quick access to Big Sky – a premier luxury destination featuring Montage Big Sky, the Yellowstone Club, and the forthcoming One&Only Moonlight Basin.
Chipotle is a nationally recognized, publicly traded brand with over 3,500 U.S. locations and more than 116,000 employees. As a component of the S&P 500, it offers exceptional credit strength and brand stability. The 2025 construction includes a 15-year roof warranty and full builder warranties – offering long-term durability and reduced landlord obligations.
This investment opportunity blends corporate credit, high-growth market fundamentals, and passive income in a trophy location – positioning it as a premier net lease asset in the thriving Mountain West.