Marcus & Millichap is pleased to offer for sale the fee simple interest in a 2,350-square-foot drive-through Chipotle restaurant (the Property) in Valparaiso, IN, in which Chipotle has 15 years remaining on its corporately guaranteed double-net lease. The lease features four 5-year renewal options and 10 percent rent increases every 5 years. The Property sits adjacent to a drive-through Starbucks, just north of the intersection of Calumet Avenue, Roosevelt Road and Vale Park Road. Neighbors within the shopping center include Burger King, Dairy Queen and a high-traffic YMCA, and a Strack & Van Til (Hy-Vee) supermarket lies across Calumet Avenue. Located in Northwest Indiana and the Chicago MSA, Valparaiso, IN, is home to Valparaiso University. Major employers include Northwest Health-Porter and Pratt Industries. Valparaiso sits along U.S. Route 30 and near U.S. Route 6 and Interstates 65, 80, 90 and 94. Traded on the NYSE under ticker symbol CMG, Chipotle Mexican Grill is a leading fast-casual restaurant chain with over 100,000 employees and 3,200 locations across the U.S., Canada, the U.K., France and Germany. In addition to the security of a new 15-year lease backed by a Fortune 500 company, this opportunity offers an investor a brand new drive-through restaurant situated along a busy retail corridor.