5716 E Black Horse Pike Washington Township, NJ
Single-tenant Chipotle property with a drive-thru in Turnersville, New Jersey.
Property size:
2,627 SFLot size:
19.32 AcresProperty Features for 5716 E Black Horse Pike
General Information
- Size
- 2,627 SF
- Lot size
- 19.32 Acres
Source:
Moodyscre
Listing Agent: Marc Mandel
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Chipotle NNN Property For Sale
This single-tenant property is leased to Chipotle in Turnersville, New Jersey, part of Washington Township, approximately 20 miles southeast of Philadelphia. Chipotle is expected to open in October 2025 and operates under a newly established 15-year lease, with 10% rental increases every five years. The lease is backed by a corporate guaranty from Chipotle Mexican Grill, Inc. This brand-new Chipotle features a drive-thru 'Chipotlane' for customer access. The current Landlord will be adding a new roof to the property prior to rent commencement. The property benefits from visibility along NJ-42, which sees over 79,300 vehicles per day. It is also near the start of the Atlantic City Expressway, which sees 47,800 vehicles per day and runs directly to Atlantic City. Turnersville is situated within the Philadelphia MSA. The surrounding 5-mile area has a population of over 183,000 and 71,000 households, with an average household income of $122,000. The property size is 2,627 square feet.
Location Intelligence
Current Use by Public Records
Drive through restaurants
Map
- City
- Washington Township
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.0597897
- Latitude
- 40.9912886
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FAQs
What type of property is this?
Drive through restaurant - Single-tenant Chipotle property with a drive-thru in Turnersville, New Jersey.
Where is this drive through restaurant located?
The property is located at 5716 E Black Horse Pike Washington Township, NJ.
What is the asking price?
The asking price for this property is $3,143,000.
What are key features of this property?
This property features: - Brand new 15-year lease with Chipotle (NYSE: CMG) featuring 10% rental increases every five years, backed by a corporate guaranty.; - Features a drive-thru "Chipotlane" for convenient customer access.; - Excellent visibility on NJ-42 with high traffic volume (79,300 VPD).