•	Chipotle recently signed a brand new 15-year lease with 4 (5-year) options to extend
•	The lease is corporate guaranteed by Chipotle Mexican Grill, Inc., a publicly traded
(NYSE: CMG) and nationally recognized tenant with over 3,700 locations
•	10% rental increases every 5 years throughout the initial term and at the beginning of each option period
•	2025 new construction Chipotlane

Offering Memorandum

•	Chipotle is part of a larger retail development with ALDI, Starbucks, Tires Plus, Aspen Dental, and more
•	Lee Blvd (52,000 VPD) is a strong retail corridor serving the city of Lehigh Acres with several national retailers
•	The adjacent Walmart ranks in the 95th percentile (192 out of 3,882) of all nationwide locations via Placer.ai
•	Lehigh Acres currently has 38 active developments, encompassing over 2.6 million square feet of commercial space

Lehigh Acres, FL - Chipotle

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<p>Kate Gryboski joined SRS Real Estate Partners in 2024 in the Dallas office as a Marketing Associate. In her role, Kate supports the Capital Markets teams producing high-impact marketing materials. Her goal is to create flyers and offering memorandums that capture attention and drive results, contributing to the growth and success of SRS.</p><p>Kate has a B.S. in strategic communications and a minor in psychology from Texas Christian University. </p>

Kate Gryboski

Marketing Associate

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Lehigh Acres, FL - Chipotle

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Patrick Nutt

William Wamble