Chipotle

Chipotle Mexican Grill Net Lease Investment Opportunity
West Palm Beach, FL MSA
12-Year Triple Net (NNN) Lease

This offering presents an exceptional opportunity to acquire a Chipotle Mexican Grill property in the high-growth West Palm Beach Metropolitan Statistical Area. Featuring fee simple ownership and a 12-year triple net lease, this investment provides a secure, predictable income stream from one of the nation’s leading fast-casual dining brands. Positioned along a major retail corridor in a densely populated and affluent market, this property offers investors strong real estate fundamentals coupled with a long-term corporate-backed lease.

Location and Market Overview
West Palm Beach is one of South Florida’s most desirable and fastest-growing markets, benefiting from strong population growth, high household incomes, and significant tourism. The region serves as a hub for business, healthcare, and leisure, attracting both permanent residents and seasonal visitors. Its proximity to Miami and Fort Lauderdale enhances its economic strength while maintaining its own robust employment base.

The subject property is ideally located along a high-traffic thoroughfare with daily traffic counts exceeding 42,000 vehicles. The site sits within a prime retail corridor anchored by national tenants, grocery stores, and service providers, ensuring steady customer traffic. Excellent ingress and egress and strong street visibility make the location highly accessible to surrounding neighborhoods.

Demographics
The trade area features outstanding demographics that align perfectly with Chipotle’s customer profile. Within a three-mile radius, the population exceeds 115,000 residents with average household incomes above $105,000. Expanding to five miles, the population grows to more than 250,000, demonstrating the strong density and affluence of the market. This combination of population density and high income levels supports consistent demand for fast-casual dining.

Property Details
The property features a freestanding Chipotle Mexican Grill totaling approximately 2,450 square feet on a 1.05-acre parcel. Built to Chipotle’s latest prototype standards, the facility includes a modern dining area, efficient kitchen layout, and a Chipotlane mobile order pick-up window, designed to accommodate the growing demand for online and takeout orders. The site offers ample parking and excellent traffic flow for both dine-in and pick-up customers.

Fee simple ownership ensures investors full rights to both land and improvements, providing long-term control and stability.

Lease Structure and Tenant Guarantee
The property is secured under a 12-year triple net (NNN) lease with Chipotle Mexican Grill, Inc., a publicly traded company operating more than 3,200 restaurants nationwide. Under the NNN lease terms, the tenant is responsible for all operating expenses, including property taxes, insurance, and maintenance, providing investors with a truly passive income stream.

Chipotle continues to experience strong same-store sales growth and expansion across high-demand markets. Its proven business model and strong corporate guarantee provide exceptional credit security for long-term investors.

Surrounding Area and Trade Drivers
West Palm Beach’s affluent population, coupled with strong tourism and a growing employment base, ensures steady customer demand. The property’s proximity to office parks, healthcare facilities, schools, and residential communities enhances Chipotle’s daily traffic. Additionally, the region’s year-round warm climate and seasonal influx of residents support consistent sales performance.

Investment Highlights

• 12-year triple net (NNN) lease with Chipotle Mexican Grill, Inc., a nationally recognized fast-casual dining leader.
• Fee simple ownership of a 1.05-acre parcel with a 2,450-square-foot prototype Chipotle including a Chipotlane mobile order pick-up.
• Tenant responsible for all property operating expenses, providing minimal landlord responsibilities.
• Prime West Palm Beach MSA location with daily traffic counts exceeding 42,000 vehicles.
• Strong demographics: over 115,000 residents within three miles and more than 250,000 residents within five miles, with average household incomes above $105,000.
• Surrounded by national retailers, grocery anchors, and residential neighborhoods.
• Corporate-backed lease providing stable and predictable cash flow.
• Highly attractive to institutional investors, 1031 exchange buyers, and private equity groups.

Buyer Profile and Financing
This property is ideally suited for 1031 exchange buyers, REITs, institutional investors, family offices, and private equity firms seeking long-term, low-management net lease investments. The fee simple ownership and corporate-backed lease structure ensure excellent lender acceptance and financing flexibility.

Conclusion
This Chipotle Mexican Grill property in the West Palm Beach MSA offers a premier net lease investment opportunity. With a 12-year triple net lease, strong corporate guarantee, and a prime location in one of South Florida’s most affluent and fastest-growing markets, the property delivers secure, long-term income with minimal management responsibilities.

Qualified investors are encouraged to request the full offering memorandum, lease abstract, and financial details.