Chipotle
Moosic, Pennsylvania
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NNN Pro Group is pleased to present the exclusive listing for a Chipotle located at 5 Radcliffe Drive, Moosic, Pennsylvania. The site consists of roughly 2,562 rentable square feet of building space on estimated 1.00-acre parcel of land. This Chipotle is subject to a 15-year double-net (NN) lease, which commenced September 1, 2022. The current annual rent is $126,562 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 2, 5-Year Options and 1, 4-Year and 11-month option.
About the Investment:
✓ Long-Term, 15-Year Double Net (NN) Lease
✓ Approximately 14.28 Years Remaining
✓ Corporate Guarantee
✓ Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
✓ Two (2), Five (5)-Year and One (1), Four (4)-Year & Eleven (11)-Month Tenant Renewal Options
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