Chipotle Mexican Grill, Inc. is an American quick service restaurant food chain. They serve Mission-style burritos and tacos, at a walk-up food counter. Chipotle is publicly traded on the New York Stock Exchange as CMG, with a market capitalization of $13.75 billion.
Headquartered in Denver, Colorado, with restaurants in the United States, United Kingdom, Canada, Germany, and France, Chipotle is a highly sought after net leased investment because of their popular locations and brand. Primary lease terms are generally a 10-15 year triple net ground lease. For 2017, cap rates and sales prices averaged 4.85% and $1,880,000 respectively.