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Chipotle Mexican Grill Restaurant
For Sale
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2682 Eastern Blvd, Montgomery, AL 36117

Absolute net restaurant lease with a long primary term and multiple renewal options.

Property SizeContact for details
Days on Market142

Property Features for 2682 Eastern Blvd

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: The Lennox/Massell Companies LA
Listed By: T. Griffin Lennox · License #LA 0995697308
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 1:05PM

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 The Lennox/Massell Companies LA

Investment Insights

Based on property information with market context.

This conventional restaurant property is occupied by Chipotle Mexican Grill under an absolute net lease. The agreement provides a 15-year primary lease term, with additional renewal options and scheduled rent escalations over the lease period.

The property is located at 2682 Eastern Blvd in Montgomery, Alabama. Lease structure, term, renewal provisions, and escalations define the principal documented characteristics of this restaurant asset.

Key Highlights

  • Chipotle Mexican Grill restaurant property
  • Absolute net lease structure
  • 15‑year primary lease term

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Building Supply Auto Parts Store HVAC Service Restaurant

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

658
Businesses Nearby
360k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 33% Shops & Services 33% Home Improvements & Furnishings 14% Apparel 14%
Chick-fil-A Dining
51,222 visits/mo 0.1 miles
T.J. Maxx Apparel
39,087 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
31,958 visits/mo 0.3 miles
Dollar Tree Shops & Services
20,249 visits/mo 0.2 miles
Party City Shops & Services
18,551 visits/mo 0.2 miles

Demographics for 36117, AL

53,172
Population
24,181
Households
2.2
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
53.3 sq mi
ZIP Area
998
Density / Sq Mi
$72,237
Median Household Income
$44,980
Median Earnings
$1,209
Median Rent
$225,900
Median Home Value

Market

Vacancy Rate% for Retail in Montgomery, AL

10.9% 2020
10.5% 2021
10.4% 2022
11.6% 2023
11.4% 2024
9.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Absolute net restaurant lease with a long primary term and multiple renewal options.
Where is this conventional restaurant located?
The property is located at 2682 Eastern Blvd Montgomery, AL.
What are key features of this property?
This property features: Chipotle Mexican Grill restaurant property; Absolute net lease structure; 15‑year primary lease term
More about this property
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