Close of Escrow: Chipotle Mexican Grill in Conyers, GA

Close of Escrow: Chipotle Mexican Grill in Conyers, GA

SIG is pleased to announce the recent Close of Escrow on Chipotle Mexican Grill located in Conyers, Georgia.

Investment Highlights Include:

  • Brand New Absolute NNN Ground Lease Chipotle with a 15 Year Initial Term and Four (4) – Five (5) Year Options Following
  • Fixed Rent Increases of 10% Every 5 Years Within the Initial Lease Term and Throughout the Options Providing New Investor with Hedge Against Inflation
  • Chipotle is a Publically Traded Company (NYSE: CMG) with an S&P 500 Component, a Revenue of Over $4.5B and a Market Capitalization of $12.63B
  • Brand New Development Consisting of One of the Latest Chipotle Prototype Building Designs
  • Located on an Outparcel to the Conyers Crossing Shopping Center, a 170,474 SF Shopping Center which Hosts a Synergistic Mix of National and Regional Credit Tenants
  • Property is Located within 25 Miles from Downtown Atlanta

Closing Price: $1,270,000
Closing CAP:  5.91%

Listing Agents: Andy Chana and Dan Hoogesteger

For More Information Contact:

Andy Chana
Lic #01896459

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