Price $2,585,000 $2,585,000 | Built/Renov 2023 | Tenant Chipotle |
Cap Rate 5.00% 5.00% | Lease Type
Abs NNN | Guarantor Corp Traded |
Size/SF
2,350
| Lease Start
11-01-2023
| #Units
3,224
|
Price/SF $1,100.00 $1,100.00 | Expiration
10-31-2038
| Tenant Type Fast Casual/Rest. |
NOI $129,250 | R. Term 14.10 | Ownership Fee Simple |
Rent/SF
$55.00
| Increases 10.0%/5/yrs | Pop 5Mi 205,138 |
Lot/AC 0.77 | Options 5/5yrs/10% | AHHI 5Mi $147,663 |
| |
This newly constructed 2,350 square foot Chipotle is strategically located along South Weber Road with access to 33,000 vehicles per day. The site benefits from its location directly across from a Lowe’s anchored shopping center with tenants including Slice Factory, Wendy’s, Olive Garden and Red Lobster. Additional national/credit tenants in the area include Red Robin, Starbucks, Walgreens,...
...New construction
New prototype
Dense retail corridor
Near major nationals
Top 100 MSA
Strong demographics
Brand new lease
Absolute NNN
Corporate Guarantee
Publicly traded company
Chipotle Mexican Grill, Inc., (NYSE: CMG) often known simply as Chipotle, is an American chain of fast casual restaurants in the U.S., United Kingdom, Canada, Germany, and France, specializing in...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 11,420 | 78,198 | 203,270 |
2023 Total Population : | 11,593 | 79,617 | 205,941 |
2023 Employed Civilian Pop : | 6,767 | 43,186 | 109,796 |
2023 Total Businesses : | 266 | 1,790 | 4,962 |
2023 Average Household Income : | $ 142,270 | $ 160,008 | $ 154,132 |
2023 Total Consumer Spending : | $ 455 M | $ 3491 M | $ 9083 M |
2023 Median Age : | 36 | 37 | 38 |
2023 Total Households : | 3,800 | 25,877 | 69,849 |
2023 Pop Age 25+: Bachelor's Degree : | 2,418 | 16,860 | 42,096 |
2023 Average Home Value : | $ 286,416 | $ 364,376 | $ 379,564 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Weber Rd | Clow International Pkwy | 2012 | 21,500 | 0.06 mi |
107th St | Aristocrat Dr | 2012 | 9,100 | 0.14 mi |
Veterans Pkwy | Lily Field Ln | 2012 | 10,100 | 0.24 mi |
Weber Rd | Clow International Pkwy | 2012 | 29,600 | 0.33 mi |
Weber Rd | Wingfield Way | 2012 | 25,200 | 0.43 mi |
Veterans Pkwy | Ingleside Dr | 2012 | 10,100 | 0.45 mi |
111th St | Bradford Pl | 2012 | 18,300 | 0.63 mi |
107th St | Picardy Ln | 2012 | 11,500 | 0.64 mi |
Weber Rd | Wingfield Way | 2012 | 29,100 | 0.67 mi |
W Boughton Rd | N Weber Rd | 2012 | 20,000 | 0.79 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]