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164 Grandview Blvd
Madison, MS 39110
Chipotle | Rare 18 Year Absolute NNN Lease · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Rare 18-year absolute NNN lease with scheduled rental increases in initial term and option periods
  • Upgraded 2023 construction featuring the latest Chipotle prototype with a dedicated Chipotlane drive-thru
  • Excellent proximity to major national tenants such as Sam’s Club, Walmart Supercenter, Lowe’s, Best Buy, DICK’S Sporting Goods, Kroger and many others
  • Strong corporate guaranty from an investment-grade national tenant (NYSE: “CMG”)
  • Trophy location near Interstate 55 and Main Street, allowing the site to capture significant commuter traffic (combined 128,000 AADT)
  • High average annual household income of $140,390 within a three-mile radius

PROPERTY FACTS

Property Type
Retail
Property Subtype
Retail
Building Size
2,313 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.00 AC
Parking
21 Spaces

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
072C-07C-001-00-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,088
  • Listing ID: 29290431

  • Date on Market: 8/16/2023

  • Last Updated:

  • Address: 164 Grandview Blvd, Madison, MS 39110

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