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Chipotle | Wilkes-Barre/Scranton MSA

Chipotle | Wilkes-Barre/Scranton MSA

1245 Commerce Blvd, Dickson City, PA 18519

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PROPERTY DETAILS

Price

$1,900,000

NOI

$97,020

Cap Rate

5.10%

Remaining Term

~10 Years

Marketing Description

Equity Retail Brokers is pleased to present a Chipotle property in Dickson City, PA, available for sale to qualified investors. This offering includes a recently extended 10-year NN lease with four 5-year renewal options, each featuring a 10% rental increase. The lease is backed by a corporate guaranty from Chipotle, which reported $11.3 billion in annual revenue in 2024, ensuring stable lease payments and long-term security for property owners.

Investment Highlights

Strong Tenant and Guaranty:

  • This investment is secured by a strong corporate guaranty. Chipotle has over 3,700 locations and is growing, with $11.3 Billion in revenue reported in 2024.

High Performing Location:

  • According to Placer.ai, this Chipotle location ranks in the 81st percentile in sales nationally, with over 4 million dollars in sales in the 2024.

Strategic Location:

  • Located in the retail hub for the Scranton MSA, surrounded by tenants such as Home Depot, Target, Lowe’s, Michael’s, ALDI, Panera, Chick-Fil-a, and many more.

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