Chipotle Mexican Grill signed a new 15-year corporate lease at this freestanding location.
Lease includes 10% rent bumps every five years for long-term NOI growth.
Backed by corporate guaranty from Chipotle Mexican Grill, Inc.
Tenant handles taxes, insurance, and maintenance.
Landlord responsible only for roof, structure, and HVAC.
Ideal for passive, long-term investors.
Signalized hard corner with strong visibility along Fairmount Ave.
Outparcel to Chautauqua Mall, anchored by major national retailers.
Draws regional traffic from Lakewood, Jamestown, and surrounding areas.
Solid income levels and homeownership in the immediate area.
Strong customer base for both dine-in and Chipotlane service.
Concentrated residential base supports steady demand.