Chipotle

Ellijay

Call for Details

5.00

CAP Rate

Only Chipotle within 40-Mile Radius

on State Route 515 (19,500 AADT) with Chipotlane Drive-Thru & Outdoor Patio

Ellijay Attracts Tourists, Vacationers, and Second-Home Buyers with its Accessible Outdoor Recreation

Property details

15-Year Absolute NNN Corporate Lease to Chipotle (NYSE: CMG)
- Scheduled 10% Rental Escalations Throughout Primary Term & Options
- Zero Landlord Responsibilities
Strong Corporate Guarantee from Investment Grade, Publicly Traded Company
- 2024 Reported Revenue of $11.314 Billion
  - 14.6% YoY Increase
- Ranked #399 on Fortune 500 List
  - One of Forbes "Most Admired Companies" for the Last 6 Years
Renovation Completed in 2024 with Chipotlane Drive-Thru and Outdoor Patio
Excellent Access & Visibility with Prominent Pylon Signage on State Route 515
- 19,500 AADT
Prominent Location along East Ellijay's Primary Retail Corridor
- Adjacent to Walmart Supercenter, Lowe's, McDonald's, Starbucks, IHOP, Taco Bell, Popeyes, Waffle House, LongHorn Steakhouse, Comfort Inn & Suites, Springhill Suites, Mountain Cinemas & More
Ellijay Attracts Tourists, Vacationers, and Second-Home Buyers with its Accessible Outdoor Recreation
- Chattahoochee-Oconee National Forest (3.3M Visitors per Year), State Parks, Mountains, Hiking & Mountain Biking Trails, Waterfalls, Campsites, Multiple Rivers for Rafting & More
"Apple Capital of Georgia"
- Georgia Apple Festival Attracts Over 55,000 Visitors Annually
2.5 Miles from Piedmont Hospital
- Recent $13.6M Expansion
8,000+ Students within 3.5 Miles of Site

Listing leads

Putnam Daily

Managing Partner

CA RE Lic #01750064

Lindsey Snider

Senior Partner