This is a brand new Chipotle in a corridor that continues to get better. East 10th Street is one of the main retail spines in Jeffersonville, with strong daily traffic and steady growth pushing north from Louisville and River Ridge. The site benefits from that momentum today, and more importantly, where things are headed over the next 5–10 years.
From an investment standpoint, it’s clean. Corporate guarantee, true NNN structure, and built-in rent growth. No moving parts, no deferred maintenance, no lease risk to solve. Just stable income from a tenant that performs.
We laid everything out in the OM attached to this listing—lease details, rent schedule, site positioning, and market context. Worth a look if you’re active in this space. The lease and additional confidential materials are available upon execution of a CA/NDA. Please give us a call for more information and access to the data room.
Investment highlights
New Construction Chipotle (NYSE: CMG): Absolute NNN lease backed by a nationally recognized, investment-grade tenant with strong unit economics and proven long-term performance.
Corporate Guarantee: Lease guaranteed by Chipotle Mexican Grill, Inc., providing high-credit tenancy and reduced default risk.
Long-Term, Passive Income: 10-year primary term with zero landlord responsibilities, delivering stable, hands-off cash flow.
Built-In Rent Growth: 10% rental increases every five years, creating a hedge against inflation and organic NOI growth.
Strategic Retail Corridor Location: Positioned along East 10th Street (±30,000 VPD), a primary retail artery serving Jeffersonville and benefiting from continued expansion tied to River Ridge Commerce Center and the greater Louisville MSA.
Strong Demographic & Growth Drivers: Located in the path of significant residential and industrial growth, supporting long-term tenant performance and residual value.
Institutional-Grade Asset Profile: New construction, national credit, and clean NNN structure align with core and 1031 exchange buyer demand.