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Corporate-Guaranteed NNN Property
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1299 Olympia Fields Dr, Oconomowoc, WI 53066

Newly built commercial property with GC zoning and a corporate-guaranteed lease to Chipotle Mexican Grill, Inc.

Property Size2,350 SF
Price / SF$1,333
Days on Market140

Property Features for 1299 Olympia Fields Dr

General Information

Standard status Active
Size 2,350 SF
Class A
Total Parking Spaces 31
Property subtype Retail
Zoning GC - General Commercial
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $164,500

Building Details

Year Built 2026
Buildings 1
Stories 1
Tenancy Single
Listing Agency: SRS Real Estate Partners South Florida
Listed By: Connor Barton · License #FL SL3390950
Source: Crexi
Added: Apr 14 Changed: Aug 30 Last Checked: Apr 24 at 10:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners South Florida

Investment Insights

Based on property information with market context.

Scheduled for completion in 2026, this NNN property is leased to Chipotle Mexican Grill, Inc., a publicly traded company with more than 4,000 locations. The tenant has executed a new 15-year lease, providing a defined initial term for the Oconomowoc commercial property.

The lease includes four 5-year extension options and provides 10% rent increases every 5 years during the initial term and at the start of each option period. Corporate support comes from Chipotle Mexican Grill, Inc., identified in the lease as the guarantor. The property carries GC - General Commercial zoning and is located at 1299 Olympia Fields Dr in Oconomowoc, Wisconsin.

Key Highlights

  • New construction scheduled for 2026
  • Newly executed 15‑year lease
  • Four 5‑year renewal options

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pharmacy Barber Shop Daycare Center Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

741
Businesses Nearby

Demographics for 53066, WI

36,595
Population
16,074
Households
2.3
Avg Household Size
45
Median Age
47%
College-Educated
97%
High-School Grad
103.2 sq mi
ZIP Area
355
Density / Sq Mi
$111,348
Median Household Income
$55,563
Median Earnings
$1,263
Median Rent
$402,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Newly built commercial property with GC zoning and a corporate-guaranteed lease to Chipotle Mexican Grill, Inc.
Where is this nnn property located?
The property is located at 1299 Olympia Fields Dr Oconomowoc, WI.
What is the asking price?
The asking price for this property is $3,133,333.
What are key features of this property?
This property features: New construction scheduled for 2026; Newly executed 15‑year lease; Four 5‑year renewal options
(813) 371-1079 Call to check price and availability
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