THE ASSET: The two-tenant Chipotle and Pei Wei property is located in the highly sought after and affluent southwest Florida market of Naples.
RENTAL INCREASES: 10% rental increases are scheduled every 5 years throughout the entire lease term and each of the four, 5-year options.
STRATEGIC LOCATION: The Property is located within the Restaurant Row retail project and exceptionally well located at the major intersection of US 41 and Collier Blvd. Adjacent national restaurant tenants include Texas Roadhouse, Starbucks, and Polo Tropical.
RETAIL TRADE AREA: Chipotle and Pei Wei is exceptionally well-located at a major retail intersection with neighboring retailers including: Publix, Lowe’s, Fresh Market, Hobby Lobby, Michaels, PetSmart, Walmart, Walgreens and Stein Mart.
Information concerning the property described herein has been obtained from sources other than Horvath & Tremblay and we make no representations or warranties, express or implied, as to the accuracy or completeness of such information.
