Description

Cushman & Wakefield is pleased to present the opportunity to acquire a net leased investment occupied by Chipotle Mexican Grill, one of the nation’s most recognized and successful fast-casual dining brands. The property is secured by a corporate-guaranteed NN lease backed by Chipotle Mexican Grill, Inc., providing investors with a stable and reliable income stream. Completed in 2026, the asset features Chipotle’s latest prototype design and includes a 15-year primary lease term with attractive 10% rent increases every five years, offering both long-term income stability and built-in rental growth. Founded in 1993 in Denver, Chipotle has expanded into a leading publicly traded restaurant company with more than 4,000 locations worldwide and approximately 130,000 employees. The company generated nearly $11.9 billion in revenue in 2025 and maintains an estimated market capitalization of approximately $48.54 billion. Publicly traded on the NYSE: CMG, Chipotle continues to strengthen its position through ongoing expansion and strong consumer demand. The property is located at 10611 Greenbelt Road in Lanham along Greenbelt Road (MD-193), a major commuter corridor with traffic counts of approximately 37,359 vehicles per day. The surrounding trade area includes more than 186,000 residents within a five-mile radius and average household incomes exceeding $146,000 within three miles. The site also benefits from its location within a grocery-anchored shopping center featuring Giant Food, KFC, and McDonald's, while being approximately 10 minutes from University of Maryland, College Park, which serves more than 40,000 students. Additionally, the property is located roughly 1.5 miles from NASA Goddard Space Flight Center, providing a strong long-term employment base and additional demand driver for the area. This offering represents a compelling opportunity to acquire a newly constructed Chipotle investment supported by corporate credit tenancy, long-term lease security, contractual rent growth, and strong underlying real estate fundamentals within a dense and established Maryland market.