MAXIMIZING OUR CLIENTS' RETURNS IN

COMMERCIAL

LAND BROKERAGE

ADVISING LAND OWNERS WITH DATA, ANALYSIS AND PLANNING

OUR WORK ON YOUR BEHALF

Commercial Land Experts

Our team specializes in commercial land in the southeast, with our efficient standard work procedures and dedicated support staff, we work diligently on behalf of land owners.


With a team of in-house analysts, our team has the time and resources to dedicate to your investment at no additional cost to you. By taking the time to thoroughly analyze and evaluate the property on the front end, it makes it much easier to on the back end to quickly dispose of the property.

BEST-IN-CLASS

Marketing - Advisement - Analysis

We pride ourselves on having the best-in-class marketing packages in the region. We take extreme care and thought into crafting a marketing package that beautifully and easily tells the whole story of your property in order for it to be understood and viewed in the best light possible. Our aim is that when we present your property to national developers and tenants, they are able to understand every aspect of the property in a single document and have them view it as a premium piece of land due to the quality.

KNOWLEDGE OF ACTIVE BUYERS & DEVELOPERS

Through our years of experience in commercial land, we have built a thorough a great relationship with a large number of developers and tenants. We have also collected a large database of contacts and information that we utilize to determine who would be the best fit for a site and how to get it in front of them quickly.

OUR VALUED CLIENTS

COMMERCIAL LAND CLOSE DEALS

Chipotle Market Report

Chipotle BTS Market Report

October 30, 20241 min read

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Click Here to Download Market Report

This report tracks cap rates and build-to-suit (BTS) rental rates for Chipotle from 2022 to 2024. Rising interest rates and construction costs have impacted developer and investor attitudes toward new Chipotle BTS projects.

Key Findings:

  • Cap Rates: Increased by 100 basis points (bps) over three years. Cap rates rose slowly in 2022, but sharply increased by 79.71 bps from 2023 to 2024 due to higher interest rates.

  • Lease Rates: Lease rates jumped significantly from $55/SF to $64/SF between 2022 and 2023, then stabilized at $65/SF in 2024.

Insights:

  • Rising costs have cut into both Chipotle’s profit margins (through higher rents) and developers' profits (due to higher cap rates).

  • Developers face diminishing returns on new Chipotle projects, making them less eager to build.

  • For example, a Chipotle developed in 2022 at $55/SF could sell for $3.09M, but with 2024's cap rate and higher rent, that value drops to $2.94M despite higher NOI.

Conclusion: Chipotle may need to offer higher rents and longer leases or consider more ground leases to keep developers interested in the current challenging market.

Click Here to Download Market Report

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Commercial LandBuild to SuitChipotleMarket ReportCommercial Property DevelopmentLeasingCommercial Real EstateCommercial Land DevelopmentReal Estate BrokerageNational Tenant LeasingLease TrendsGround LeaseBTS
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FOR SELLERS

  • You need a broker that is going to work to find buyers for your property, not just put a sign on it.

  • You need a team that will put a world-class marketing package together and widely distribute, ensuring higher chance of multiple offers.

  • You need a team with access to detailed analysis, ensuring you're not leaving money on the table.

Respice Finem (rā-spi-ˌke-ˈfē-ˌnem) - Latin: “Consider the End”, “Live so that your life will be approved after your death.”

REGIONAL FOCUS & EXPERTISE MEETS CLIENT SERVICE

Let our dedicated land team go to work for you today!

JONATHAN ACEVES, CCIM, MBA

706.214.2927

j[email protected]

JOHN ECKLEY,CCIM, MBA

706.214.2937

[email protected]

DUSTIN WRIGHT

706.214.2922

[email protected]

3 STEPS TO ENSURE YOU'RE PREPARED


Working with the Finem Group is easy.

SCHEDULE CALL

Click on the button below to schedule a time to talk with one of our advisors. We'll ask some questions about your goals, and we'll collect information about property and future goals.

PROPOSAL

We'll present you with a broker's price opinoin (BPO) and a proposal to move forward. This will have a detailed anlaysis of your property and a plan for us to accomplish your goals.

DECISION

We'll talk together and decide if our team is a fit for the assignment. We will then prepare a top of market marketing package and present your property to potential buyers and present it across all major commercial listing platforms.

CASE STUDIES

GROCERY DEVELOPMENT

GROUND LEASE

LAND SALE

© 2024 Finem Group LLC

706.214.2927

3519 WHEELER RD, AUGUSTA, GA 30909