Contacts

Trevor Morse

CP Partners

Property Details

Property Type Retail - Restaurant
Property Size 2,325 SF
Lot Size 0.69 Acre
Additional Rent Contact for pricing
Year Built 2023
Date Updated Jul 24, 2024

`A corporate net lease, build-to-suit Chipotle on a brand new, 15 year lease with 10% increases every 5 years and three, 5-year extension options. The subject property is equipped with a drive-thru and outdoor dining patio, and is located within the primary retail node that serves Great Falls.

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Highlights

Corporate Chipotle located in Great Falls, which is the 3rd largest city in Montana
15-year net lease opportunity, offering a long-term passive income stream
10% rental escalations every 5 years, providing a hedge against inflation
Three, 5-year extension options after the expiration of the primary term
Dedicated left-hand turn lane in the westbound direction on 10th Avenue S, providing ease of access in and out of the property
The subject property is located on 10th Avenue S (U.S. Route 87), and benefits from excellent street visibility and high traffic counts of 38,697 VPD
Chipotle is one block to the west of a Target and Albertsons anchored center; the Great Falls Albertsons location ranks in the 97th percentile nationwide in terms of annual store visits (Placer.ai)
To the west of the subject property is a regional mall that features tenants such as Scheels, Hobby Lobby, and Ross Dress for Less, helping drive traffic to this corridor

Attachments

Chipotle_GreatFallsMT.pdf (PDF) opens in new window

Getting around

80/100
Walk Score ®
57/100
Bike Score ®

Powered by Walk Score ®

Location

City Great Falls, MT
Zip Code 59405

Points of Interest

BlackedOut 406

2.34 miles

Mobil

0.20 miles
Holiday

0.29 miles
Conoco

0.38 miles
Exxon

0.41 miles
Sinclair

0.51 miles
Loaf 'N Jug

1.17 miles
Cenex

1.33 miles

Emilie Hall Parking Lot

0.31 miles
Sullivan Hall Parking Lot

0.35 miles
Hourly Lot

3.94 miles
Daily Lot

3.96 miles
ValuPark Lot

4.05 miles

Chipotle

0.01 miles
Taco Bell

0.06 miles
The Best Wok

0.07 miles
McDonald's

0.13 miles
Teriyaki Madness

0.13 miles
Taco Treat

0.15 miles
Five Guys

0.18 miles
Sonic

0.18 miles
Mongolian BBQ & Pho

0.18 miles
Little Caesars

0.20 miles

Target

0.14 miles
Albertsons

0.24 miles
Ross

0.56 miles
Big Lots

0.59 miles
JCPenney

0.68 miles
Holiday Village Mall

0.69 miles
Super One Foods

1.02 miles
Everyday Iga

1.30 miles
Everyday IGA

1.38 miles
Pizazz Market

1.46 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.