124 Highland XingEast Ellijay, GA 30540

This exceptional investment opportunity presents a newly constructed, 2,000 square foot Chipotle restaurant in East Ellijay, Georgia. Situated on a 1.07-acre lot at 124 Highland Crossing, this property boasts a 15-year absolute NNN lease with a corporate guarantee from Chipotle Mexican Grill, commencing December 15, 2024, and expiring December 31, 2039. The lease includes rent bumps, ensuring consistent income growth. The property benefits from a high-traffic location along State Route 515, exposing it to over 19,000 vehicles daily. Its proximity to major traffic generators, including local attractions and retail centers, guarantees a steady stream of customers. The strong local demographics, with an average household income of $91,618 within one mile, and a projected 12% growth by 2029, further enhance the investment's potential. The property's NOI is $175,000, resulting in a 5.00% cap rate, and the asking price is $3,500,000. This Chipotle location features a Chipotlane drive-thru, optimizing customer convenience and traffic flow. The property is strategically positioned near other national tenants, including Walmart, Lowe's, and Chick-fil-A, solidifying its position within a thriving retail environment. This is a compelling investment opportunity for those seeking a stable, long-term, passive income stream with a strong tenant and significant growth potential. The property is available for a 1031 exchange.