Chipotle (Rare 20-Year Lease) 2935 W Peterson Ave Local commercial 201 m² À vendre Chicago, IL 60659 2 388 668 € (11 903,43 €/m²) Taux de capitalisation 5,49 %

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Chipotle located in Chicago, Illinois. The property was renovated for Chipotle in December 2024 with a rare 20-year lease running through November 2044. The lease features 10% rental escalations throughout the primary term and four five-year renewal options. This property is a relocation site for Chipotle from a high-performing inline store located just east of the subject property. The property comes with a 20-year roof warranty that runs concurrent to the term of the lease. Chipotle is a publicly traded company (NYSE: CMG) with a $75 billion market capitalization.
The 2,160 square-foot building is located along Peterson Avenue which experiences 32,100 vehicles per day and is just two blocks east of Lincoln Avenue (28,100 VPD). The property is positioned in a affluent northern neighborhood with more than 427,000 residents within a three-mile radius, earning an average household income exceeding $131,000. The property benefits from its proximity to The Home Depot, Mather High School (1,750 students), and Lincoln Village Shopping Center, which features national retailers such as T.J. Maxx, Ross, Bath & Body Works, and Five Below. Additionally, the surrounding area is home to a strong mix of national and regional tenants including Walgreens, Bank of America, Potbelly, Culver’s, IHOP, McDonald’s, Physicians Immediate Care, Huntington Bank, and several others, contributing to consistent consumer traffic and strong retail synergy.
Chipotle Mexican Grill, Inc. (NYSE: CMG) is a leading fast-casual restaurant brand known for serving responsibly sourced, high-quality ingredients in customizable burritos, bowls, tacos, and salads. Founded in 1993 in Denver, Colorado, Chipotle revolutionized the restaurant industry by combining quick service with fresh, real food prepared on-site daily. The company emphasizes a “Food with Integrity” mission, sourcing ingredients such as antibiotic-free meats, organic beans, and produce from local farms whenever possible. With a unique open-kitchen format and a commitment to transparency, Chipotle has become a favorite for health-conscious and convenience-driven consumers alike.