Chipotle Strip Center | Dubuque, IA
Sands Investment Group is Pleased to Present Exclusively For Sale the 100% Occupied Chipotle Strip Center Property With Other Notable Tenants Such as Five Guys, T-Mobile and Sport Clips in Dubuque, Iowa. This Opportunity Includes Four High-Quality, Internet Resistant Tenants With T-Mobile Recently Signing a 10 Year Lease, Providing For a Secure Investment. The Property Also Sits at a Signalized Hard Corner With High Traffic Counts Next to a Target and Hy-Vee Grocery Anchored Plaza.
- Corporate Leases: Chipotle, Five Guys and T-Mobile All Have Corporate Leases While Sport Clips is Guaranteed By a Franchisee With 30 Locations
- New 10-Year Corporate T-Mobile: Brand New 10-Year
T-Mobile Lease; T-Mobile Recently Merged With Sprint Creating a Total Market Cap of $175 Billion, Making it the 2nd Largest Wireless Carrier in the U.S. - Chipotle Performance: Chipotle Recently Announced Their Intentions to Open Another 200 Restaurants in 2021 and Have Seen a 5-Year Compound Annual Growth Rate in Total Revenue of 8.3%
- Target & Hy-Vee Grocer Shadow-Anchors: 100% Occupied Target and Hy-Vee Grocery Shadow Anchored Strip Center in the Growing City of Dubuque, IA; Tenancy Includes Chipotle, T-Mobile (BB+ Moody’s), Five Guys and Sport Clips, Providing a New Investor Stability With a Strong Credit Tenant Mix
- Strong Population Growth: Population Growth Within a 1-Mile Radius of the Property Was 4.0% From 2010-2021 With a Projected Increase of 0.7% By 2026, Showing the Strength of This Growing Market
- High Traffic Count: The Property Sits at a Signalized Hard Corner at the Entrance of Warren Plaza, Along Dodge Street, Seeing a Combined Traffic Count of 47,763 VPD
- University of Dubuque: Dubuque is Home to University of Dubuque, a Private College With Current Enrolment at 2,200 Students, Rated the #1 Nursing School in Iowa According to Nurse.org and 1.5-Miles From the Property
- Primary Retail Corridor: The Property is Conveniently Located Near Other Notable Tenants Such as: Target, Hy-Vee Grocery, Best Buy, Dick’s Sporting Goods, Chick-fil-A, Verizon, Wendy’s, Advanced Auto and More, Drawing Large Amounts of Traffic to the Center
In Cooperation With Sands Investment Group Iowa, Inc – Lic. # F06091000 BoR: Andrew Ackerman- IA Lic. # B67615000
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