241 98th St NW

Overview

TENANTChipotle- 11 Locations in New Mexico- 4,000+ Locations Nationwide- Started in 1993SALE PRICE $3,500,000.00CAP RATE 5.0%NET OPERATING INCOME $175,000RENT INCREASES 10% Increases Every 5 YearsLEASE TERM 15-Year Primary TermRENEWAL OPTIONS 4 x 5-Year optionsBUILDING/LOT SIZE ±2,325 SF Building Under Construction on ±0.79 AcresTRAFFIC COUNTS ±39,400 cars per day on 98th St.