Chipotle | New 15 Year Walmart Outlot — Sale in Montgomery, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Montgomery, IL 60538

Photos

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Investment Figures

Cap rate
5.15%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Brand-new Chipotle with 15 years of remaining lease term, corporately guaranteed under a triple-net structure with scheduled 10% rent increases and multiple renewal options. The property design follows the Habanero design concept, featuring modern interior design, updated materials and textures, a reimagined layout designed, optimized kitchens for mobile orders, dedicated pickup areas (both inside and out), and the signature “Chipotlane” drive-thru. Opened June 17, 2026, the property is positioned as an outlot to a Walmart Supercenter along high-traffic Route 30, near a signalized intersection with nearly 55,000 combined vehicles per day. The location benefits from limited nearby Chipotle competition, proximity to a major industrial employment base, low Kendall County taxes, and strong, growing demographics supported by rising household incomes. Investment Highlights: • Brand new Chipotle with a 15-year corporate NNN lease | Opened June 2026 • New construction | Part of the Chipotle Habanero Concept | All-brick construction supports low long-term maintenance • Premier Walmart outlot location | Nearest Walmart stores are 5 miles southeast, 9 miles northeast, and 13 miles southwest, reinforcing regional draw • Limited competition | Approximately 4.7 miles to the nearest Chipotle | Clear under served trade area to the west with limited existing Chipotle locations • Adjacent to the Montgomery industrial corridor • $122,229 average household income, projected to reach $139,646 by 2030 • 172,532 residents within five miles | Population within one mile has grown 12.0% since 2010 with an additional 2.8% projected by 2030

Market Context

This food service in Montgomery, IL is listed for sale. It is offered at an approximate 5.2% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Montgomery, IL — view the full market.

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