6330 Siegen Ln - Restaurant FOR SALE
Baton Rouge, LA 70809 |
6330 Siegen Ln
Baton Rouge, LA 70809
HIGHLIGHTS
- New 20-year absolute NNN lease with 10% rental increases in initial term and option periods
- Strong corporate guarantee from an investment-grade national tenant (NYSE: “CMG”)
- No landlord management, an ideal opportunity for passive investors
- Chipotle is the only restaurant company of its size that owns and operates all its restaurants
- Chipotle is ranked on the Fortune 500 and is recognized on the 2023 list for Fortune’s Most Admired Companies
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
STATUS
Demolished
BUILDING DETAILS
PROPERTY NAME
Chipotle | Baton Rouge, LA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Storefront
TOTAL BUILDING SIZE
2300
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
02198460
