STRONG LEASE FUNDAMENTALS
- 15 Year Abs. NNN Lease with zero landlord responsibilities
- Four (4) five (5) year extensions remaining
- 10% Increases every 5 years in base rent and extension periods
CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT
- Chipotle has a Market Cap of $82B (NYSE: CMG) with over 3,200+ locations across the country
- Chipotle opened 304 new restaurants in 2024 with 257 of those locations utilizing a Chipotlane
LOW VACANCY TRADE AREA
- More than 472K SF of retail space located within a 1-mile radius of the subject site, boasting a 0.2% vacancy rate
- Nearby National Retail Tenants Include: Goodwill Retail Store, Kroger, Food Lion, and more
LOCATED IN AFFLUENT SUB-MARKET OF SAVANNAH, GA
- AHHI exceeds $120K in 1-mile radius, and $100K in 3 & 5 mile radius
- The Savannah, GA MSA is the third most populated MSA in Georgia behind only Atlanta and Augusta
- From 2010 to 2020 the Savannah, GA MSA was the fastest growing area in all of Georgia
RECENT BUILD-TO-SUIT ON BUSY CORRIDOR
- The Building has recently been built to suit the tenant’s specifications
- Tenant has paid to add the new feature “Chipotlane” drive thru concept with multiple spaces put in for curbside pickup
- Positioned off of busy Highway 17 (27.6K VPD)
NEARBY THOUSANDS OF STUDENTS - BUILT IN CUSTOMERS
- Site is surrounded by eight schools which Include high schools and middle schools
- Richmond Hill Primary School is just 1.4 miles away and has 800 students
- 1.5 miles from the site is George W. Carver Elementary which has over 700 students
- Near Richmond Hill Elementary School which has more than 700 students