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CHIPOTLE | 15+ YEARS | NEW CONSTRUCTION

$2,488,000 | 4.25%

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SEC of North Randall Road and McKee Street
Batavia, Illinois 60510

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Under Contract

Features

  • New Built-to-Suit, Stand-Alone Chipotle
  • Relocating from a Nearby Shopping Center, where they have Operated Since 2001
  • New 2022 Construction | Includes Drive-Thru and Outdoor Seating Area
    • Building to be Delivered Summer 2022
  • Strong Lease Terms | 15-Year Net, Corporately Guaranteed Lease
    • Corporately Guaranteed by Chipotle Mexican Grill, Incorporated
    • Minimal Landlord Responsibility
    • Strong 10% Rent Bumps Every Five Years | Four, Five-Year Options Remaining
    • New “Chipotlane” Drive-Thru
  • Located Along a Major Retail Thoroughfare of Kane County
    • Major National Retailers in the Area Include Target, ACE Hardware, ALDI, Menards, The Home Depot, Walmart, Walgreens, Fresh Thyme, Petco, At Home, Dollar Tree and Many More
  • Ideally Situated at the Signalized Intersection of Randall Road and McKee Street | 37,450 Total Vehicles Passing per Day
    • Frontage Along Randall Road
  • Attractive Demographics | Affluent Area with Expected Population Growth
    • Within Three Miles of Subject Property there is an Average Household Income of $155,440
    • Anticipated Population Growth of 2% by 2026 Within a Five-Mile Radius

Contact

SEAN SHARKO
Senior Vice President Investments
Tel: (630) 570-2238
sean.sharko@marcusmillichap.com
* Broker of Record: Steven Weinstock

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