Chipotle NNN Lease Investment
For Sale
$2,927,835
3535 US Hwy 280/431, Phenix City, AL 36867
Brand New 2024 Construction Featuring Chipotle’s Latest “Chipotlane” Prototype Design w/ Drive-Thru
Property Size2,325 SF
Lot Size2.11 Acres
Price / SF$1,259
Days on Market628
Property Features for 3535 US Hwy 280/431
General Information
Standard status
Active
Property type
Other retail properties, Individual retail properties, Restaurants, Retail properties & Spaces
Size
2,325 SF
Net Rentable
2,325 SF
Elevators
N/A
Lot size
2.11 Acres
Net Operating Income
$142,000
Building Details
Year Built
2024
Buildings
1
Stories
1
Listed By:
John R Wertz
(619) 218-6427
Added: Jan 24, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
This property features a newly constructed Chipotle restaurant with a drive-thru. Located in Phenix City, Alabama, within the Columbus, Georgia MSA, the property has a 15-year absolute NNN lease, corporately guaranteed by Chipotle Mexican Group, Inc. The lease includes a 10% rental increase every five years throughout the primary term and four subsequent five-year option periods. Situated on a 2.11-acre lot within an 11.6-acre development alongside brands such as Starbucks, Outback Steakhouse, and Valvoline, this location benefits from visibility and accessibility on US Hwy 280, which has over 38,000 vehicles daily. The property's location is minutes from downtown Columbus and Fort Moore United States Army post, which supports over 120,000 individuals. The surrounding area is densely populated, with over 98,000 residents within a five-mile radius. The 2,325 square foot building offers a long-term investment. Built in 2024, the Chipotle features their latest "Chipotlane" drive-thru design.
Key Highlights
- Brand New 2024 Construction Featuring Chipotle’s Latest “Chipotlane” Prototype Design w/ Drive‑Thru
- 15‑Year Absolute NNN Lease with 10% Increases Every 5‑Years (Corporately Guaranteed by Chipotle (NYSE: CMG))
- Adjacent to Brand New Starbucks, Outback, & Valvoline
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 36867, AL
22,505
Population
10,782
Households
2.1
Avg Household Size
37
Median Age
28%
College-Educated
90%
High-School Grad
12.6 sq mi
ZIP Area
1,786
Density / Sq Mi
$46,847
Median Household Income
$36,035
Median Earnings
$963
Median Rent
$188,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Other retail property - Brand New 2024 Construction Featuring Chipotle’s Latest “Chipotlane” Prototype Design w/ Drive-Thru
Where is this other retail property located?
The property is located at 3535 US Hwy 280/431 Phenix City, AL.
What is the asking price?
The asking price for this property is $2,927,835.
What are key features of this property?
This property features: Brand New 2024 Construction Featuring Chipotle’s Latest “Chipotlane” Prototype Design w/ Drive‑Thru; 15‑Year Absolute NNN Lease with 10% Increases Every 5‑Years (Corporately Guaranteed by Chipotle (NYSE: CMG)); Adjacent to Brand New Starbucks, Outback, & Valvoline
