Purchase Price | $3,100,000 |
---|---|
Annual Rental Income | $178,250 |
Cap Rate | 5.75% |
Lease Term | 15 Years |
City | Rock Hill MSA |
Chipotle Mexican Grill Net Lease Investment Opportunity
Rock Hill, SC MSA
15-Year Triple Net (NNN) Lease
This offering presents a rare opportunity to acquire a Chipotle Mexican Grill property located in the growing Rock Hill, South Carolina Metropolitan Statistical Area, part of the greater Charlotte market. Featuring fee simple ownership and a brand-new 15-year triple net lease backed by a corporate guarantee, this investment delivers stable, long-term income from one of the most prominent and fastest-growing fast-casual dining brands in the nation. Positioned along a highly traveled retail corridor with exceptional demographics, this property provides secure, predictable cash flow with minimal management responsibilities.
Location and Market Overview
Rock Hill, the largest city in York County, sits just 25 miles south of Charlotte and is considered a key component of the Charlotte metropolitan area, one of the fastest-growing regions in the United States. Rock Hill has experienced significant population and economic growth over the past decade, driven by its proximity to Charlotte, robust housing development, healthcare expansion, and a growing base of corporate employers.
The subject property is ideally positioned along a major arterial corridor with daily traffic counts exceeding 39,000 vehicles. Located within a thriving retail hub, the site is surrounded by national retailers, grocery anchors, and service-oriented businesses. Its proximity to residential neighborhoods, schools, and healthcare facilities ensures a steady flow of daily consumer traffic.
Demographics
The trade area offers excellent demographics that support long-term tenant success. Within a three-mile radius, the population exceeds 80,000 residents, with average household incomes above $92,000. Expanding to five miles, the population surpasses 165,000 residents, reflecting Rock Hill’s rapid growth and its strong connection to the Charlotte MSA. This blend of density, affluence, and continued expansion provides a robust customer base for Chipotle’s fast-casual dining model.
Property Details
The property is a freestanding Chipotle Mexican Grill totaling approximately 2,400 square feet on a 1.0-acre parcel. Built to Chipotle’s latest prototype standards, the restaurant features a modern dining area, efficient kitchen layout, and a Chipotlane mobile order pick-up lane, catering to the growing demand for digital orders and takeout. The site includes ample parking and convenient ingress and egress, enhancing the customer experience for dine-in and mobile order guests.
Fee simple ownership provides investors with long-term control and stability of the underlying land and improvements.
Lease Structure and Tenant Guarantee
The property is leased under a brand-new 15-year triple net (NNN) lease with Chipotle Mexican Grill, Inc., a publicly traded corporation and one of the nation’s premier fast-casual dining brands. Under the NNN lease, the tenant is responsible for all operating expenses including property taxes, insurance, and maintenance, ensuring a truly passive investment for ownership.
Chipotle operates more than 3,200 restaurants nationwide and continues to expand in high-growth markets like Rock Hill and the greater Charlotte area. With consistent same-store sales growth, strong financial performance, and an industry-leading reputation, Chipotle provides reliable credit strength under this long-term lease.
Surrounding Area and Trade Drivers
Rock Hill benefits from its close integration with the Charlotte metro area while maintaining its own strong employment and housing base. Major employers in the region include Piedmont Medical Center, Winthrop University, and several large industrial and logistics facilities. The subject property’s location within a dense retail trade area ensures consistent daily traffic from both local residents and commuters. Additionally, ongoing residential development in York County continues to fuel demand for fast-casual dining options.
Investment Highlights
Buyer Profile and Financing
This property is ideally suited for 1031 exchange buyers, REITs, family offices, institutional investors, and private equity firms seeking a secure, long-term net lease investment with minimal management obligations. The fee simple ownership and corporate-backed lease structure ensure excellent lender acceptance and attractive financing options.
Conclusion
This Chipotle Mexican Grill property in the Rock Hill, SC MSA represents a best-in-class net lease investment opportunity. Featuring a brand-new 15-year triple net lease, corporate guarantee, and a prime high-traffic location within one of the Southeast’s fastest-growing suburban markets, the property provides investors with stable, predictable cash flow and long-term value appreciation.
Qualified investors are encouraged to request the full offering memorandum, lease abstract, and financial details.