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Chipotle NNN Ground Lease

4000 Broadview Village Square, Broadview, IL 60155

For Sale
Contact for pricing

The lease includes a corporate guarantee and scheduled base-rent increases every five years.

Property SizeContact for details
Days on Market28

Property Features for 4000 Broadview Village Square

General Information

Standard status Active
Property subtype Retail

Additional Details

Tenant in Place Yes

Building Details

Tenancy Single
Listing Agency: CBRE - Oak Brook
Listed By: Keegan Barrett · License #475190002
Source: Crexi
Added: Oct 13 Changed: Nov 8 Last Checked: Nov 8 at 6:07PM

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 CBRE - Oak Brook

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Investment Insights

Based on property information with market context.

At 4000 Broadview Village Square in Broadview, Illinois, the Chipotle property is structured as a ground lease with a 20-year term. The lease is guaranteed by Chipotle and provides for 10% increases in base rent at five-year intervals during the initial term.

The site is an outparcel to Broadview Village Square, a shopping center that draws more than 6.3 million visitors annually. Center tenants include Target, Home Depot, LA Fitness, Marshalls, Ross Dress for Less, PetSmart, Ashley, and Harbor Freight.

Key Highlights

  • 20‑year ground lease guaranteed by Chipotle
  • Base rent increases 10% every five years during the initial term
  • Outparcel to Broadview Village Square in Broadview, Illinois

Property Analytics

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Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Auto Repair Shop Building Supply

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

586
Businesses Nearby
123k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Apparel 31% Groceries 18% Shops & Services 9%
Marshalls Apparel
38,082 visits/mo 0.1 miles
McDonald's Dining
32,582 visits/mo 0.1 miles
Aldi Groceries
19,701 visits/mo 0.3 miles
7-Eleven Shops & Services
7,117 visits/mo 0.2 miles
Ashley Home Improvements & Furnishings
5,984 visits/mo 0.2 miles

Demographics for 60155, IL

8,011
Population
3,231
Households
2.5
Avg Household Size
44
Median Age
15%
College-Educated
85%
High-School Grad
1.9 sq mi
ZIP Area
4,216
Density / Sq Mi
$59,688
Median Household Income
$52,897
Median Earnings
$1,091
Median Rent
$240,600
Median Home Value
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Market

Properties on Market for NNN properties in Cook County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
NNN property - The lease includes a corporate guarantee and scheduled base-rent increases every five years.
Where is this nnn property located?
The property is located at 4000 Broadview Village Square Broadview, IL.
What is the asking price?
The asking price for this property is $2,830,200.
What are key features of this property?
This property features: 20‑year ground lease guaranteed by Chipotle; Base rent increases 10% every five years during the initial term; Outparcel to Broadview Village Square in Broadview, Illinois
(630) 368-4699 · Office Call to check price and availability
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