Chipotle - NNN Net Lease Property for Sale

About This Chipotle Net Lease Property

This Chipotle NNN (triple net lease) property is located in Elizabeth City, NC and represents an excellent investment opportunity for commercial real estate investors. The property features5978 square feet of building space and was built in 1985.

With a cap rate of 9.0%, this Chipotle net lease property offers stable income potential. The asking price is $799,000, making it an attractive option for 1031 exchange investors seeking quality Chipotle commercial properties.

Why Invest in Chipotle NNN Properties?

• Stable Income: Chipotle net lease properties provide predictable cash flow with minimal landlord responsibilities.
• Strong Tenant: Chipotle is a nationally recognized brand with proven operational success.
• 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
• Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.

Elizabeth City, NC Market Overview

Located in Elizabeth City, NC, this Chipotle property benefits from strong local demographics and market fundamentals. The Elizabeth City area offers excellent visibility and accessibility, making it an ideal location for Chipotle operations and a solid investment for net lease property buyers.