New Chipotle New “Chipotlane” Concept - The Pinnacle

413 Pinnacle Pkwy Bristol, TN 37620

413 Pinnacle Pkwy, Bristol, TN, 37620
413 Pinnacle Pkwy, Bristol, TN, 37620 413 Pinnacle Pkwy, Bristol, TN, 37620 413 Pinnacle Pkwy, Bristol, TN, 37620 413 Pinnacle Pkwy, Bristol, TN, 37620 413 Pinnacle Pkwy, Bristol, TN, 37620 413 Pinnacle Pkwy, Bristol, TN, 37620
FOR SALE NNN Property
Property Type:
Free Standing Building
Amount:
$3,530,000
Cap Rate:
4.00%
Last Verified:
Jan 25, 2023

Chipotle Corporate Backed Lease "New Construction" of the New “Chipotlane” Concept. (15) Year Initial Lease 10% Rent Increases every (5) Years. Four (5) Year Options.

Map of 413 Pinnacle Pkwy, Bristol, TN, 37620

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.