Investment Highlights
Corporate Chipotle located in Great Falls, which is the 3rd largest city in Montana
10% rental escalations every 5 years, providing a hedge against inflation
Chipotle is one block to the west of a Target and Albertsons anchored center; the Great Falls Albertsons location ranks in the 97% nationwide
15-year net lease opportunity, offering a long-term passive income stream
The subject property is located on 10th Avenue S (U.S. Route 87), and benefits from excellent street visibility and high traffic counts of 38,697 VPD
Malmstrom Air F orce Base is to the east of the subject property, and is home to approximately 4,281 service members and civilians
Executive Summary
This net lease, build-to-suit Chipotle is on a brand new, 15 year lease with 10% increases every 5 years and three, 5-year extension options.The subject property is equipped with a drive-thru and outdoor dining patio, and is located within the primary retail node that serves Great Falls.
