Investment Highlights

NEW 15-YEAR ABSOLUTE NNN LEASE WITH SCHEDULED RENTAL INCREASES
» New 15-year absolute NNN lease with scheduled rental increases in initial term and option periods
» Strong corporate guarantee from publicly traded tenant (NYSE: “CMG”)
» No landlord management, ideal for passive investors
» Chipotle is the only restaurant company of its size that owns and operates all of its restaurants
» Chipotle is ranked on the Fortune 500 and is recognized on the 2023 list for Fortune’s Most Admired Companies

ONLY CHIPOTLE WITHIN A 22-MILE RADIUS, LOCATED JUST OFF OF INTERSTATE 75
» Prominent visibility and access to 31,800 vehicles per day along State Highway 53 and 74,400 vehicles per day on I-75
» Strong retail synergy located 0.5 miles off of I-75 (main north/south arterial for east coast), with large national retailers including The Home Depot, ALDI, Kroger, Chick-fil-A, Tractor Supply, Dollar General, Starbucks, Ruby Tuesday, and many others
» First Chipotle in Calhoun, GA with the closest location 22 miles away
» Located < 1 mile of the Calhoun Outlet Marketplace, which is home to over 50 stores, including Polo Ralph Lauren Factory Store, Coach Factory Store, and Nike Factory Store » Strong one-mile average household income of $82,988 CHIPOTLE IS SURROUNDED BY OVER 2,000,000 SF OF LEASED INDUSTRIAL SPACE – LARGE DAYTIME AND COMMUTER POPULATION
» Just off of I-75, Calhoun is nearly equidistant from Atlanta and Chattanooga, providing mission critical sites for several global industrial/textile companies
» Some major industrial companies with facilities in the area include the Coca-Cola Bottling Company, Shaw Industries, Mohawk Industries (HQ in Calhoun), Apache Mills (HQ in Calhoun), Mannington Commercial, M&S Logistics, and Racemark International, serving as major traffic drivers to the site
» These large companies have helped to create a strong demand for industrial space in the area, increasing the need for more restaurants and other amenities for workers

NEW 2022 CONSTRUCTION WITH DRIVE-THRU AND UPCOMING HIGHWAY SIGNAGE
» New high-quality 2022 construction built to latest Chipotle prototype
» Property features I-75 highway signage, attracting nearby commuters to the site
» Site features a “Chipotlane” drive-thru and patio seating for added customer convenience

Property Description

» This Chipotle is strategically located along Highway 53 (31,800 AADT)
» The location serves as the first Chipotle in Calhoun, GA with the closest location 22 miles away
» There is a total of 2.1M square feet of industrial space close to the property including Mohawk Industries (HQ in Calhoun), Shaw Industries, Apache Mills
(HQ in Calhoun), Mannington Commercial, M&S Logistics, Racemark International, and many others
» The property has a five-mile population of 34,297 residents and strong three-mile average annual household income of$77,140, providing this new Chipotle with a strong built-in potential customer base
» National tenants immediately surrounding the site include The Home Depot, ALDI, Kroger, Walmart Supercenter, Harbor Freight Tools, Walgreens, Taco Bell, Chick-fil-A, Ross, AutoZone, Starbucks, and many others