3 Marlton Pike E, Cherry Hill, PA 08034
Price
$3,700,000
NOI
$203,500
Cap Rate
5.50%
Lease Expiration
3/31/2036
Equity CRE is pleased to present to qualified investors the opportunity to purchase a property leased to Chipotle Mexican Grill in Cherry Hill, New Jersey. The asset is secured by a double-net (NN) lease, with an initial term extending through March 2036, and three additional 5-year renewal options. The lease is guaranteed by Chipotle Mexican Grill, which reported $11.9 billion in annual revenue in 2025, ensuring stable lease payments and long-term security for investors.
This Chipotle is in a prime location in Cherry Hill, NJ, a major established suburb of Philadelphia. The site is excellently located on Marlton Pike, which sees over 51,400 vehicles per day. Situated in a major retail corridor, this Chipotle benefits from being nearby major national tenants such as Whole Foods, Restoration Hardware, CVS, and Honeygrow, among many others.
Strong Tenant and Guaranty: This lease is guaranteed by Chipotle Mexican Grill, Inc., a publicly traded company (NYSE:EMG) with over 3,900 locations, and $11.9 Billion in revenue reported in 2025.
Premier Location: The site is strategically located at one of Cherry Hill’s strongest retail corridors, offering excellent visibility along Kings Highway (24,400 VPD) and Marlton Pike (51,400 VPD). The site also offers easy access to I-295 and the NJ Turnpike, providing strong regional access.
Primary Market: Cherry Hill is a bustling suburb located about eight miles east of Philadelphia. Within 3-miles of the site, there are about 100,659 people, with an average household income of $129,665.
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