Log In/Sign Up
Your email has been sent.
Chipotle 384 Washington St 4,200 SF Retail Building Claremont, NH 03743 $3,857,816 CAD ($918.53 CAD/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- New Construction - Long Term Lease
- Dynamic Corporate Tenant
- Strategic Retail Location
- Attractive Rent Increases
- Minimal Landlord Responsibilities
- High Traffic Counts
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive sale of a new construction, corporate leased Chipotle investment property located at 384 Washington Street in Claremont, New Hampshire (the “Property”). Chipotle executed a 15-year Double Net (NN) Lease with four (4), 5-year renewal options. The lease features attractive 10% rent increases every five years throughout the primary lease and at the start of each renewal option. The new construction Chipotle is well-located along Washington Street (NH Route 103), the area’s primary commercial and commuter corridor. The Property is positioned in the heart of a large commercial cluster and is surrounded by retailers and restaurants that drive traffic to the area. The Property is also convenient to Downtown Claremont and the area’s residential neighborhoods providing a built-in customer base. The Property is positioned along NH Route 103 and offers convenient access to state roads and interstates, area schools, Valley Regional Hospital, Claremont Motorsports Park and River Valley Community College.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
4,200 SF
Building Class
B
Year Built
2025
Price
$3,857,816 CAD
Price Per SF
$918.53 CAD
Cap Rate
5.50%
NOI
$212,180 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.33 AC
Zoning
B2 - General Business
AMENITIES
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Chipotle | 384 Washington St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.