Investment Highlights
Recent 2021 new construction prototype featuring Chipotle's ?Chipotlane?, which functions as a drive thru and a pickup window for online orders
10% rental increases every 5 years in the base term of the lease and in each option period
Dense, Affluent Philadelphia submarket with nearly 275,000 residents and Average Household Incomes ranging from $108,192-$114,092 in the 5-mile radius
Corporately Guaranteed, Long-Term NNN Lease with 12 years remaining and 3x5yr options to renew
Less than 1 mi. from the interchanges of I-295 (130,000+ VPD), New Jersey Turnpike. (64,000+ VPD) and just 1.5 mi. from I-76 (177,000+ VPD)
Signalized corner of N. Black Horse Pike/W. Browning Road (combined 41,000+ VPD);ingress/egress on both roads and access/parking easement
Executive Summary