Chipotle NNN Restaurant Evansville Indiana

Sands Investment Group is Pleased to Present Exclusively For Sale the 2,325 SF Chipotle NNN Asset Located at 2801 North Green River Road in Evansville, IN. This Deal Includes a Brand New 2023 Construction With 14+ Years Remaining on Absolute Triple Net (NNN) Lease and 10% Rent Increases Every Five (5) Years, Providing For a Stable Investment.

• 14+ Years Remaining on Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
• New 2023 Construction With Dual-Lane Drive-Thru With Excellent Ingress/Egress and Ample Parking
• Strong Hedge Against Inflation With 10% Rent Increases Every Five (5) Years
• Retail Drivers Include: Walmart Supercenter, Target, Meijer, Sam’s Club, Costco, Menards and Many More
• Corporate Lease to Chipotle Mexican Grill, Inc., the Leading Company in the Fast Casual Restaurant Space With a $57B Market Cap (NYSE: CMG)
• Chipotle is Ranked #450 on the Fortune 500 List; 2022 Net Income of $899 Million, an Increase of 37.7% Over 2021 and Total Revenue of $8.60 Billion, an Increase of 26.4% Over Previous Year
• Strong Demographics With a Population of 126,402 Residents With an Average Household Income of $71,716 Within a 5-Mile Radius
• Surrounded By Numerous Hotels Within a 3 Mile Radius in an Extremely Dense Retail Corridor
• Evansville, IN is the Third-Most Populous City in the State With Population of 116,486 (2021)
• Evansville, IN is Home to 6 Colleges Including: University of Southern Indiana (9,700+ Students) and University of Evansville (2,000+ Students)
• Evansville Has Seen the Job Market Increase By 2.40% Over the Last Year; Future Job Growth Over the Next Ten (10) Years is Predicted to Be 33.20%
• Minutes From Deaconess Midtown Hospital With Over 545 Staffed Beds and $3.6 Billion in Total Patient Revenue

In Cooperation With Sands Investment Group Indiana, LLC – Lic. #RC52000211 BoR: Andrew Ackerman – Lic. IN #RB20001918

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