Horvath & Tremblay is pleased to present the exclusive sale of a new construction, corporate leased Chipotle investment property located at 12011 US Highway 70 Business W in Clayton, North Carolina (the “Property”). Chipotle is currently under construction with an anticipated rent commencement date of March 1, 2025. Chipotle executed a 15-year Double Net (NN) Lease with four (4), 5-year renewal options. The lease features attractive 10% rent increases every five years throughout the primary lease and at the start of each renewal option. The new construction Chipotle is well-located along US Highway 70 Business W, the area’s primary commercial and commuter corridor. The Property is positioned in the heart of a large commercial cluster and is surrounded by new construction retailers and restaurants, as well as new residential developments, all of which drive traffic to the area and provide a built-in customer base. The Property offers convenient access to NC Route 42 and Interstates 40 and 42, as well as to Johnston Health (Hospital and Medical Center), area schools, and the area’s largest employers (Novo Nordisk and Grifols).