New Construction Chipotle
2909 E Hwy 34 Newnan, GA 30265
2909 E Hwy 34, Newnan, GA, 30265
$4,095,000
For Sale
$4,095,000
New construction Chipotle with drive-thru in the Atlanta metropolitan area.
Days on Market113
Property Features for 2909 E Hwy 34
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2025
Listing agency
(404) 832-1251
Listed by
Bryan Belk · License #GA (Broker of Record) #329335
Source
Franklinst
Added: Apr 1 Updated: Jul 10 at 3:56PM Checked: Jul 10 at 3:56PM
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 Bryan Belk
Investment Insights
Based on property information with market context.
This new construction Chipotle restaurant is located in Newnan, Georgia, a southern suburb of the Atlanta metropolitan area, which has over 6.4 million residents. Situated on a corner lot at a lighted intersection along a major retail corridor leading to I-85, the property benefits from high visibility. The location includes a drive-thru, referred to as Chipotlane, which typically experiences a 10-15% increase in sales compared to traditional locations. Other retailers in the area include Publix, Kroger, Chick-fil-A, Walgreens, Tractor Supply, Wendy's, Starbucks, and Bojangles. The property is across from Publix and Kroger stores. Chipotle has signed a new 15-year corporately guaranteed lease. The lease includes 10% rent increases every 5 years. Chipotle has a Baa1 rating from Moody's, which is considered investment grade. The average net worth within 5 minutes of the property is $1.75M. The location benefits from excellent visibility on Hwy 34 at a lighted intersection with a traffic count of 32,900 vehicles per day.
Key Highlights
- New 15‑year corporately guaranteed NNN lease with 10% rent increases every 5 years
- Located in an affluent Atlanta suburb with high household incomes ($150,000+)
- High‑traffic location on a corner lot at a lighted intersection (32,900 VPD)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - New construction Chipotle with drive-thru in the Atlanta metropolitan area.
Where is this drive through restaurant located?
The property is located at 2909 E Hwy 34 Newnan, GA.
What is the asking price?
The asking price for this property is $4,095,000.
What are key features of this property?
This property features: New 15‑year corporately guaranteed NNN lease with 10% rent increases every 5 years; Located in an affluent Atlanta suburb with high household incomes ($150,000+); High‑traffic location on a corner lot at a lighted intersection (32,900 VPD)