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Chipotle 1298 Powers Ferry Rd SE 2,325 SF Retail Building Marietta, GA 30067 $7,049,123 CAD ($3,031.88 CAD/SF) 4.85% Cap Rate
Investment Highlights
- Ground Lease | Zero (0) Landlord Responsibilities
- 0.62-Acre Lot | 2,325 Square-Foot Building | Two-Lane ‘Chipotlane’ Drive-Thru Feature
- Brand New 2025 Construction | Long-Term Fifteen (15)-Year Lease | Approximately 14.8 Years Remaining | Four (4), Five (5)-Year Options
- Daytime Population Of 86,662 Within A Five (5)-Mile Radius Of The Property | One (1) Mile Away From Major Office Campus | Occupied By KIA, Hyundai, GE
Executive Summary
Surmount is pleased to present the exclusive listing for a Chipotle located at 1298 Powers Ferry Rd, Marietta, GA 30067. The site consists of roughly 2,325 rentable square feet of building space on an estimated 0.62-acre parcel of land. This Chipotle is subject to a 15-year Ground lease, which commenced 9/16/2025. The current annual rent is $250,000 and has scheduled increases of 10.00% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Building Class
B
Year Built
2025
Price
$7,049,123 CAD
Price Per SF
$3,031.88 CAD
Cap Rate
4.85%
NOI
$341,882 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.62 AC
Amenities
- Corner Lot
- Courtyard
- Signage
- Drive Thru
Walk Score®
Very Walkable (81)
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-0924-016 | Improvements Assessment | $547 CAD |
| Land Assessment | $1,139,948 CAD | Total Assessment | $1,140,496 CAD |
Property Taxes
Parcel Number
17-0924-016
Land Assessment
$1,139,948 CAD
Improvements Assessment
$547 CAD
Total Assessment
$1,140,496 CAD
Contacts
-
Judson Kauffman -
Hannan Ben Yosef -
Matthew Sorace -
Christopher Marks -
Glen Kunofsky -
Surmount
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Chipotle | 1298 Powers Ferry Rd SE
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