Chipotle

Chipotle Mexican Grill Net Lease Investment Opportunity
North Chicago, IL MSA
15-Year Triple Net (NNN) Lease

This offering presents an exceptional opportunity to acquire a Chipotle Mexican Grill property located in the desirable North Chicago Metropolitan Statistical Area. Featuring fee simple ownership and a brand-new 15-year triple net lease, this investment delivers secure, predictable income from one of the nation’s most recognized and rapidly expanding fast-casual dining brands. Situated along a high-traffic retail corridor in a densely populated and affluent suburban market, this property combines best-in-class real estate fundamentals with a long-term corporate-backed lease.

Location and Market Overview
The property is strategically positioned in the North Chicago MSA, an area recognized for its strong demographics, stable economy, and close proximity to downtown Chicago, one of the largest and most influential metropolitan markets in the United States. North Chicago benefits from a diverse economic base that includes healthcare, education, finance, and corporate headquarters, creating steady employment and income growth.

The site is located on a major arterial roadway with daily traffic counts exceeding 41,000 vehicles. Surrounded by national retailers, grocery-anchored shopping centers, and residential communities, the property benefits from excellent visibility, accessibility, and consistent consumer demand.

Demographics
The surrounding trade area is among the most affluent in the Chicago metro region. Within a three-mile radius, the population exceeds 100,000 residents, with average household incomes above $115,000. Extending to five miles, the population surpasses 240,000 residents, underscoring the density and spending power of this suburban market. These strong demographics align perfectly with Chipotle’s customer base, supporting long-term operational success.

Property Details
The property features a freestanding Chipotle Mexican Grill totaling approximately 2,450 square feet on a 1.0-acre parcel. Built to Chipotle’s latest prototype standards, the facility includes a modern dining area, an efficient kitchen layout, and a Chipotlane mobile order pick-up window designed to accommodate the growing demand for online and takeout orders. Ample parking, excellent ingress and egress, and prominent street visibility create a seamless customer experience and ensure high daily traffic.

Fee simple ownership provides investors with long-term stability and full control of the asset.

Lease Structure and Tenant Guarantee
The property is leased under a brand-new 15-year triple net (NNN) lease to Chipotle Mexican Grill, Inc., a publicly traded corporation 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 be a leader in the fast-casual dining sector, consistently reporting strong same-store sales growth, an expanding national footprint, and a proven ability to adapt to changing consumer dining preferences. The corporate guarantee further enhances credit security and investment stability.

Surrounding Area and Trade Drivers
North Chicago is a thriving suburban area with a blend of high-income residential communities, top-rated schools, healthcare systems, and corporate offices. The property’s location benefits from steady consumer traffic generated by nearby retail centers, business parks, and residential developments. Additionally, the Chicago MSA’s robust transportation infrastructure and continued population growth support long-term demand for fast-casual dining concepts like Chipotle.

Investment Highlights

• Brand-new 15-year triple net (NNN) lease with Chipotle Mexican Grill, Inc., a nationally recognized fast-casual dining leader.
• Fee simple ownership of a 1.0-acre parcel with a 2,450-square-foot prototype Chipotle including a Chipotlane mobile order pick-up.
• Tenant responsible for all property operating expenses, ensuring a true passive investment.
• Prime North Chicago MSA location with daily traffic counts exceeding 41,000 vehicles.
• Strong demographics: more than 100,000 residents within three miles and over 240,000 within five miles, with average household incomes above $115,000.
• Surrounded by national retailers, grocery anchors, and affluent suburban communities.
• Corporate-backed lease providing secure, predictable long-term 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, institutional investors, REITs, family offices, and private equity groups seeking a secure, long-term, low-management net lease investment. The fee simple ownership and corporate-backed lease structure ensure strong lender acceptance and favorable financing terms.

Conclusion
This Chipotle Mexican Grill property in the North Chicago MSA represents a premier net lease investment. Featuring a brand-new 15-year triple net lease, a strong corporate guarantee, and a prime location in one of the most affluent suburban markets in the Chicago metropolitan area, this property delivers secure, hands-off income with long-term value appreciation potential.

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