5709 U.S. 80 | Pearl, MS 39208
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- LoopNet Team
5709 U.S. 80
Pearl, MS 39208
Chipotle · Retail Property For Sale
Investment Highlights
- New 15-year absolute NNN lease with 10% rental increases every five years in initial term and option periods
- Located within Crossgates Plaza Shopping Center, attracting direct crossover shopping locations to the site
- Trophy location just north of Interstate 20, allowing the site to capture significant commuter traffic (80,000 AADT)
- Strong corporate guarantee from an investment-grade national tenant (NYSE: “CMG”)
- Projected population and income increases within 1-, 3-, and 5-mile radii over the next 5 years poise Chipotle and Pearl for steady concurrent growth
- New high-quality 2024 construction built to latest Chipotle prototype featuring a dedicated drive-thru
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,325 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
8.27 AC
Property Taxes
| Parcel Number | G09D-000006-00000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $534,013 |
Property Taxes
Parcel Number
G09D-000006-00000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$534,013
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