Just Listed: Chipotle Drive-Thru

Highlights

• Completed early 2025
• Corporate guarantee
• $175,000/year starting rent
• 10% escalations every 5 years
• Equiped with Chipotlane
• Strong demographics

Description

SVN Imperial Realty is pleased to exclusively offer for sale the 2,736 square-foot freestanding Chipotle situated on approximately 1.13 acres in Bethlehem, PA (2020 MSA Population: 861,889) – the third largest MSA in Pennsylvania. Completely renovated in 2025, Chipotle’s net lease features a corporate guaranty from Chipotle Mexican Grill, Inc. (NYSE: CMG) as well as 15 years of term remaining with 10% rent increases throughout the initial term and in each of the three ±5-year renewal options. This location features a large drive-thru lane for customers to pickup orders made through Chipotle’s app or website.

Located 2 miles from Downtown Bethlehem, PA, Chipotle is positioned with excellent access and visibility on Easton Ave which has a vehicle count of 10,662 VPD. Chipotle is surrounded by anchor tenants such as CVS, Wawa, KFC, Taco Bell, Truist, Starbucks and Big Woody’s. Several schools are located in close proximity to this property including three elementary schools which have a total of over 1,000 students, a large middle school which has a student population of over 700 and two high schools which have a total of over 2,000 students. Chipotle is within 4 miles of Lehigh University and Moravian University, which have a combined enrollment of over 8,000 students. Major tourist destination Wind Creek Bethlehem attracts over 16,000 visitors a day and is located approximately 3 miles from Chipotle.

Located 2 miles from Downtown Bethlehem, PA, Chipotle is positioned with excellent access and visibility on Easton Ave which has a vehicle count of 10,662 VPD. Chipotle is surrounded by anchor tenants such as CVS, Wawa, KFC, Taco Bell, Truist, Starbucks and Big Woody’s. Several schools are located in close proximity to this property including three elementary schools which have a total of over 1,000 students, a large middle school which has a student population of over 700 and two high schools which have a total of over 2,000 students. Chipotle is within 4 miles of Lehigh University and Moravian University, which have a combined enrollment of over 10,000 students. Major tourist destination Wind Creek Bethlehem attracts over 16,000 visitors per day and is located approximately 3 miles from Chipotle.