Just Closed | Chipotle

IREA is pleased to announce another successful closing for Senior Partner Chris Thompson and Partner David Leibowitz represented the buyer of Chipotle in Smyrna, TN for $3,666,666.

The property features brand new 2025 construction with a drive-thru and an absolute NNN ground lease, backed by a corporate guarantee from Chipotle. Positioned in a dense and affluent trade area, the site benefits from more than 90,000 residents within a five-mile radius and an average household income exceeding $94K.