CBRE is pleased to present the exclusive listing for this Brand-New Chipotle property located at the New Walmart Supercenter Retail Development – World Commerce Center in Saint Augustine, Florida. This property is located in St. Johns County — one of the fastest growing markets in the country. The site is situated on International Golf Parkway, the market’s primary interstate interchange arterial and positioned directly in front of a new Walmart Supercenter – the highest frequency retail traffic generator in the country. The Chipotle is equipped with a Chipotlane® drive-thru, enhancing throughput, convenience, and long-term tenant performance. This format has become a key driver of sales for the brand and reinforces the asset’s long-term viability. This is a 15-year absolute triple-net NNN lease guaranteed by investment grade Chipotle Mexican Grill, Inc. (S&P Rated ‘A-’), providing rental increases of 10% every five years including options with no landlord management obligations.