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241 White Horse Pike
Barrington, NJ 08007
Chipotle · Retail Property For Sale
Investment Highlights
- New 15-Year NNN Lease with Limited Landlord Responsibilities
- New Chipotlane Prototype – New construction property with drive-thru to enhance store sales and customer order options.
- Surrounded by National Retailers – Chipotle is across the street from a new Chick-Fil-A and Wawa Convenience store.
- Chipotle (S&P Rating: AA) has over 3,600 locations and is a Fortune 500 company with over $9.5 billion in revenue.
- The primary term of the lease provides for ten (10%) percent increases every five (5) years during the initial term and in the option periods.
- Chipotle is strategically located off the US Interstate 295 (140,481 CPD) at the US Route 30 (55,129 CPD) exit, also known as White Horse Pike.
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.65 AC
Frontage
50’ on White Horse Pike
Amenities
- Pylon Sign
- Restaurant
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,900 | |
| Land Assessment | $254,700 | Total Assessment | $260,600 |
Property Taxes
Parcel Numbers
Land Assessment
$254,700
Improvements Assessment
$5,900
Total Assessment
$260,600
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