Chipotle | Evansville, IN (W Lloyd)
Sands Investment Group is Pleased to Present Exclusively For Sale the 2,325 SF Chipotle NNN Asset Located at 4710 West Lloyd Expressway in Evansville, IN. This Deal Includes a Brand New 2023 Construction With ~15 Years Remaining on an 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 With Ample Parking
- Strong Hedge Against Inflation With 10% Rent Increases Every Five (5) Years
- Retail Drivers Include: Walmart Supercenter, Lowe’s, Kohl’s, Office Depot, AMC Evansville 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 37.70% Over 2021 and Total Revenue of $8.60 Billion, an Increase of 26.40% Over Previous Year
- Strong Demographics With a Population of 126,402 Residents With an Average Household Income of $71,16 Within a 5-Mile Radius
- 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%
In Cooperation With Sands Investment Group Indiana, LLC – Lic. #RC52000211 BoR: Andrew Ackerman – Lic. IN #RB20001918
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