Listing Summary
Lee & Associates and Bang Realty are pleased to present the opportunity to acquire the fee simple interest in a newly converted Chipotle Mexican Grill located at 1701 SW Court Place in Pendleton, Oregon.
Full Description
High-Yield Net-Lease Opportunity: Corporate Chipotle with "Chipotlane" | Pendleton, OR
Lee & Associates and Bang Realty are proud to offer a premier fee-simple interest in a newly converted Chipotle Mexican Grill. Located at 1701 SW Court Place, this ±2,500 SF freestanding asset features the brand’s latest 2025 modern architecture, including an outdoor patio and the highly successful "Chipotlane" digital drive-thru.
The property is secured by a fresh 15-year corporate lease (approx. 14 years remaining) with Chipotle Mexican Grill, Inc. (NYSE: CMG). This double-net (NN) structure offers a passive investment profile, featuring 10% rental increases every five years to hedge against inflation. With over 4,000 locations and $11B in annual revenue, Chipotle represents one of the most stable and sought-after tenants in the fast-casual sector.
Quick Glance
- Listing ID:
CL-Oregon-27479
- Status:
Active
- Year Build:
1980
- Building Size:
2,500 SqFt
- Lot Size:
0.50 Acre