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Chipotle Drive-Thru 1710 Market Ln 2,325 SF Retail Building Norfolk, NE 68701 $4,056,544 CAD ($1,744.75 CAD/SF) 5.40% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Brand New 15-Year Corporate Lease with Chipotle (NYSE: CMG)
  • High-Quality 2025 Construction with a "Chipotlane" Drive-Thru
  • Chipotle Locations with a "Chipotlane" Generate 10 Percent More in Sales Than Traditional Chipotle Restaurants
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Only Chipotle within 80 Miles
  • Outparcel to Sunset Plaza Mall and Surrounded by National Retailers: Walmart, Menards, Target, Hy-Vee Grocery Store, and More

EXECUTIVE SUMMARY

Chipotle Mexican Grill, Inc. (NYSE: CMG) is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, known for its large burritos, assembly-line production, and use of natural ingredients.
Norfolk is a city in northeast Nebraska, in Madison County, Nebraska, located in the Elkhorn River Valley. It lies at the intersection of U.S. Highways 81 and 275 and Nebraska Highways 24 and 35.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Building Class
B
Year Built
2025
Price
$4,056,544 CAD
Price Per SF
$1,744.75 CAD
Cap Rate
5.40%
NOI
$219,073 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.66 AC
Opportunity Zone
Yes
Zoning
C-3 - Service Commercial District

AMENITIES

  • Restaurant
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Chipotle was born of the radical belief that there is a connection between how food is raised and prepared, and how it tastes. Real is better. "Better for You, Better for People, Better for The Planet". It may be the hard way to do things, but it’s the right way. One of the first national restaurant brands to commit to goals on local and organic produce. First national restaurant brand to commit to using only responsibly raised meat with some of the highest animal welfare standards.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Starbucks
First National Bank of Omaha
U.S. Bank
Scooter's Coffeehouse
7 Brew Coffee
Freddy's Frozen Custard & Steakburgers
Buffalo Wild Wings
Perkins
Anytime Fitness
Pinnacle Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
590304046
Land Assessment
$555,980 CAD
Improvements Assessment
$0 CAD
Total Assessment
$555,980 CAD
  • Listing ID: 38476959

  • Date on Market: 2025-11-17

  • Last Updated:

  • Address: 1710 Market Ln, Norfolk, NE 68701

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