Chipotle Drive-Through NNN
1761 Memorial Dr Waycross, GA 31501
1761 Memorial Dr, Waycross, GA, 31501
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Newly constructed Chipotle with a corporately guaranteed absolute NNN lease and drive-through service at a signalized intersection.
Days on Market102
Property Features for 1761 Memorial Dr
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Wertz Real Estate Investment
(619) 218-6427
Listed by
John Wertz · License #CA 01448585
Source
Crexi
Added: Apr 12 Updated: Jul 22 at 11:24AM Checked: Jul 22 at 11:24AM
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 Wertz Real Estate Investment
Investment Insights
Based on property information with market context.
The property is a newly constructed Chipotle drive-through restaurant offered as an absolute NNN investment. The lease is brand new with a 15-year primary term, and includes 10% rental increases every five years during the primary term and each of the four five-year option periods. The lease is corporately guaranteed by Chipotle Mexican Group, Inc. (NYSE: CMG).
The site is positioned at a busy signalized intersection directly in front of Holiday Inn Express and Quality Inn & Suites. Visibility and access are provided along Memorial Drive and S Georgia Parkway E, which are described as carrying over 40,000 vehicles per day. The surrounding area includes a dense mix of retail and QSR users.
As presented, the offering is intended as a long-term, corporately guaranteed investment with zero landlord responsibility.
The site is positioned at a busy signalized intersection directly in front of Holiday Inn Express and Quality Inn & Suites. Visibility and access are provided along Memorial Drive and S Georgia Parkway E, which are described as carrying over 40,000 vehicles per day. The surrounding area includes a dense mix of retail and QSR users.
As presented, the offering is intended as a long-term, corporately guaranteed investment with zero landlord responsibility.
Key Highlights
- Newly constructed Chipotle drive‑thru in Waycross, GA at a signalized intersection
- 15‑year absolute NNN lease with corporate guarantee by Chipotle Mexican Group, Inc. (NYSE: CMG)
- Lease includes 10% rental increases every 5 years during the primary term and four 5‑year option periods
Property Analytics
Location Intelligence
Current Use by Public Records
Holiday Inn Express ...
Hotel & Motel
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FAQs
What type of property is this?
Drive through restaurant - Newly constructed Chipotle with a corporately guaranteed absolute NNN lease and drive-through service at a signalized intersection.
Where is this drive through restaurant located?
The property is located at 1761 Memorial Dr Waycross, GA.
What are key features of this property?
This property features: Newly constructed Chipotle drive‑thru in Waycross, GA at a signalized intersection; 15‑year absolute NNN lease with corporate guarantee by Chipotle Mexican Group, Inc. (NYSE: CMG); Lease includes 10% rental increases every 5 years during the primary term and four 5‑year option periods
