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| Price $3,450,000 $3,590,000 | Built/Renov 2023 | Tenant Chipotle Mexican Grill |
| Cap Rate 4.47% 4.30% | Lease Type
Abs NNN | Guarantor Corp Traded |
| Size/SF
2,490
| Lease Start
03-06-2023
| #Units
3,437
|
| Price/SF $1,385.54 $1,441.77 | Expiration
03-31-2038
| Tenant Type Fast Casual/Rest. |
| NOI $154,380 | R. Term 12.11 | Ownership Fee Simple |
| Rent/SF
$62.00
| Increases 10.0%/5/yrs | Pop 5Mi 77,066 |
| Lot/AC 1.01 | Options 4/5yrs/10% | AHHI 5Mi $85,242 |
| | |
Chipotle is strategically located with excellent visibility and multiple points of ingress and egress along E. Silver Springs Blvd which features 26,200 vehicles passing by daily. It is just steps from the signalized intersection at NE. 49th Court Rd., and is an Aldi anchored outparcel. Neighboring tenants at the ALDI anchored center include Aspen Dental, AT&T, GameStop, AYR Cannabis, Subway...
...New construction
Strategically located
Highway location
Top 100 MSA
Affluent suburb location
Income tax free state
Brand new lease
Absolute NNN
Long 10+ yr lease
Publicly traded company
Chipotle Mexican Grill, Inc., or “Chipotle”, is an American chain of fast-casual restaurants in the U.S., United Kingdom, Canada, Germany, and France. The Fortune 500 company...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,240 | 32,049 | 75,322 |
| 2023 Total Population : | 4,154 | 32,687 | 77,066 |
| 2023 Employed Civilian Pop : | 2,134 | 15,095 | 35,350 |
| 2023 Total Businesses : | 184 | 1,354 | 4,136 |
| 2023 Average Household Income : | $ 66,821 | $ 79,040 | $ 85,242 |
| 2023 Total Consumer Spending : | $ 115 M | $ 977 M | $ 2332 M |
| 2023 Median Age : | 54 | 49 | 45 |
| 2023 Total Households : | 1,961 | 14,169 | 31,462 |
| 2023 Pop Age 25+: Bachelor's Degree : | 642 | 3,879 | 9,677 |
| 2023 Average Home Value : | $ 161,706 | $ 206,648 | $ 233,834 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| East Silver Springs Boulevard | NE 49th Ave | 2021 | 21,758 | 0.13 mi |
| E Silver Springs Blvd | NE 49th Ter | 2008 | 26,200 | 0.17 mi |
| E Silver Springs Blvd | Silver Spring Airport Rd | 2005 | 24,000 | 0.35 mi |
| Northeast 58th Avenue | NE 24th St | 2021 | 12,200 | 0.82 mi |
| Northeast 58th Avenue | NE 24th St | 2022 | 15,800 | 0.82 mi |
| NE 55th Ave | NE 30th St | 2008 | 7,400 | 0.85 mi |
| E Silver Springs Blvd | NE 56th Ave | 2004 | 14,700 | 0.85 mi |
| Northeast 35th Street | NE 47th Ave | 2022 | 6,400 | 0.97 mi |
| E Silver Springs Blvd | NE 14th St | 2004 | 23,146 | 1.02 mi |
| East Silver Springs Boulevard | NE 60th Ct | 2021 | 13,000 | 1.11 mi |
Springdale, AR
Cap Rate 5.30%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 3,200
Clearwater, FL
Cap Rate 5.15%
Lease Abs NNN
R. Term 13.60 yrs
Size/SF 3,031
Conroe, TX
Cap Rate 4.75%
Lease Abs NNN
R. Term 19.90 yrs
Size/SF 2,325
Kyle, TX
Cap Rate 3.75%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 5,433
Rio Rancho, NM
Cap Rate 4.28%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,181
Arlington, TX
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 2,325
Tampa, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,500
Louisville, KY
Cap Rate 5.13%
Lease NN+
R. Term 11.00 yrs
Size/SF 4,430
Las Vegas, NV
Cap Rate 4.35%
Lease Double NN
R. Term 15.00 yrs
Size/SF 2,325
Murfreesboro, TN
Cap Rate 4.65%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 2,335
Las Vegas, NV
Cap Rate 4.35%
Lease NN+
R. Term 15.00 yrs
Size/SF 2,325
Austin, TX
Cap Rate 3.75%
Lease Abs NNN
R. Term 15.40 yrs
Size/SF 2,702
Forest Park, IL
Cap Rate 3.85%
Lease Abs NNN
R. Term 12.60 yrs
Size/SF 2,350
Dallas, TX
Cap Rate 4.15%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 4,680
Leesburg, FL
Cap Rate 4.15%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 5,711
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
