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Chipotle 1655 Boston Rd 2,325 SF Retail Building Springfield, MA 01129 $3,734,980 CAD ($1,606.44 CAD/SF) 5.45% Cap Rate

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Investment Highlights

Corporate lease from Chipotle Mexican Grill, Inc. with over 3,700+ locations and $11.9B in annual revenue
Built-in rent growth with 10% escalations every 5 years and four extension options through 2055
Brand new 2025 construction minimizes exposure to near-term capital expenses

New long-term lease with approximately 9.5 years remaining, expiring December 31, 2035
Modern Chipotlane drive-thru prototype designed for digital ordering and throughput efficiency
Strategically positioned along Boston Road generating approximately 17,200 vehicles per day

Executive Summary

Unique opportunity to acquire an investment-grade, single-tenant net lease asset with corporate guarantee from Chipotle in a supply-constrained market. Features new 2025 construction with Chipotlane drive-thru, 10-year primary term with four 5-year renewals, and 10% rent escalations every 5 years through 2055.