Horvath & Tremblay is pleased to present the exclusive sale of a new construction, corporate leased Chipotle investment property located at 60 Old Tower Hill Road in South Kingstown, Rhode Island (the “Property”). The new construction Chipotle features a brand-new, 15-year Double Net 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. Chipotle is well located along Old Tower Hill in the center of one of South Kingstown’s primary retail areas. The Property features excellent frontage and visibility, with two points of entry/egress and featuring Chipotle’s convenient “Chipotlane” drive-thru, providing accessibility and convenience for customers. The immediate area is anchored by a Shaw’s retail plaza and is home to a strong roster of national retailers that drive traffic and bring in consumers. The location is just off of US Route 1, providing a direct route to Providence (30-miles) and further north to Boston and northern New England.