2862 S McKenzie St | Foley, AL 36535
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2862 S McKenzie St
Foley, AL 36535
Chipotle | Foley · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15-year absolute NNN lease with scheduled rental increases, providing a hedge against inflation
- No landlord management, ideal for passive investors
- High-quality 2022 construction featuring the latest Chipotle prototype with a dedicated drive-thru lane
- Strong corporate guarantee from an investment-grade national tenant (NYSE: “CMG”)
- Chipotle is ranked 4th on the Fortune 500 “World’s Most Admired Companies” list
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.96 AC
Frontage
117’ on McKenzie St
PROPERTY TAXES
| Parcel Number | 61-03-05-4-001-021.003 | Improvements Assessment | $150,220 |
| Land Assessment | $156,660 | Total Assessment | $306,880 |
PROPERTY TAXES
Parcel Number
61-03-05-4-001-021.003
Land Assessment
$156,660
Improvements Assessment
$150,220
Total Assessment
$306,880
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