1821 Cherokee Ave SW
Cullman, AL 35055
Chipotle With Drive-Thru · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 10-Year, Triple Net (NNN) Lease with No Landlord Responsibilities
- 10% Increases Every Five Years Through Base Term and Options
- Corporately Guaranteed Lease by Chipotle Mexican Grill, Inc. (NYSE: CMG) a Publicly Traded Company
- Four, Five-Year Renewal Options
- Brand New Location, Includes New Chipotle Drive-Thru, ‘Chipotlane’
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,540 SF
Building Class
B
Year Built/Renovated
2009/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.83 AC
Zoning
RES/COM
Parking
41 Spaces
Frontage
200’ on Cherokee Avenue Southwest
AMENITIES
- Pylon Sign
- Restaurant
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 17-05-22-3-001-002.005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $248,700 |
