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Chipotle - Oconomowoc WI 1299 Olympia Fields Dr 2,350 SF Retail Building Oconomowoc, WI 53066 $4,319,832 CAD ($1,838.23 CAD/SF) 5.25% Cap Rate
Investment Highlights
- Brand New 15-Year Lease | Options To Extend | Scheduled Increases
- Prime Location | Excellent Access & Visibility from Summit Avenue
- Strong Demographics In 5-mile Trade Area
- NN+ Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Rapidly Expanding Mixed-Use Trade Area | Significant Residential Growth | Strong National Co-Tenancy
Executive Summary
• The tenant recently executed a brand new 15-year lease with 4 (5-year) options to extend, demonstrating long-term commitment to the site
• The lease features 10% increases every 5-years throughout the initial term and at the beginning of each option period
• The lease is corporate guaranteed by Chipotle Mexican Grill, Inc., a publicly traded (NYSE: CMG) and nationally recognized tenant with over 4,000 locations
• The lease features 10% increases every 5-years throughout the initial term and at the beginning of each option period
• The lease is corporate guaranteed by Chipotle Mexican Grill, Inc., a publicly traded (NYSE: CMG) and nationally recognized tenant with over 4,000 locations
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,350 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$4,319,832 CAD
Price Per SF
$1,838.23 CAD
Cap Rate
5.25%
NOI
$226,791 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.80 AC
Zoning
GC - General Commercial
Parking
31 Spaces (13.19 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 12
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Chipotle - Oconomowoc WI | 1299 Olympia Fields Dr
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