Chipotle

Tenant Description

 Founded in Newport Beach, CA 1993, Chipotle is one of the first chains of fast casual dining establishments. Chipotle Mexican Grill, Inc. operates over 2,250 locations and is known for its large burritos, assembly-line production, and use of natural ingredients. Customers expect food quality that’s more in line with full-service restaurants, coupled with the speed and convenience of fast food.

What To Look For When Buying A Chipotle

Typically Ground Leases, No Credit Rating, Recent Scare With Some Of The Food Quality Caused A Dip In Stock Price

What We Like About Chipotle

Long Term Complete NNN Leases

Competition

Taco Bell, Qdoba

What Is Sold In A Chipotle

Chipotle serves a variety of Mexican dishes, such as burritos and taco assembled right in front of you.

Chipotle Website

https://www.chipotle.com/

Corporate Office Location

610 Newport Center Drive, Suite 1300 – Newport Beach, CA 92660

Fast Facts

Chipotle uses high-quality raw ingredients, classic cooking methods, and distinctive interior design–features that are more frequently found in the world of fine dining, in their food served fast model.

Stock Price
Tenant News
Average Cap Rate Trend
5.50%
2019
5.75%
2020
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Not Exact Figures*)
Average Sale Data & Lease Structure
Avg. Sale Price$2,300,000
Avg. Rent$120,000
Avg. Price/SF$525/SF
Typical Lease TypeGround Lease
Type Lease Term15 Years
Typical Lease Escalations10% Every 5 Years
Credit Rating
S & PN/A

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *