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| Price $3,978,000 | Built/Renov 2025 | Tenant Chipotle |
| Cap Rate 4.65% | Lease Type
Abs NNN | Guarantor Corp Traded |
| Size/SF
2,494
| Lease Start
08-01-2025
| #Units
3,636
|
| Price/SF $1,595.03 | Expiration
07-31-2040
| Tenant Type Fast Casual/Rest. |
| NOI $185,000 | R. Term 14.9 | Ownership Fee Simple |
| Rent/SF
$74.18
| Increases 10.0%/6/yrs | Pop 5Mi 52,891 |
| Lot/AC 1.09 | Options 4/5yrs/10% | AHHI 5Mi $74,260 |
| | |
Brand new Chipotle with Chipotlane drive-thru opening September 2025
15-year fee simple absolute NNN lease with corporate guaranty
10% rental increases every five years throughout base and options
Excellent visibility along U.S. Highway 27 with 42,000 vehicles per day
Surrounded by major national retailers and high-growth residential developments
Priced at $3,978,000 with a 4.65% cap rate
Net operating income of $185,000 annually from corporate-backed lease
Four five-year option periods extending total potential lease term to 35 years
Chipotle is strategically located along U.S. Highway 27 in Lake Wales, Florida, with access to a daily traffic count of approximately 42,000 vehicles. The site is surrounded by major national retailers including Walmart Supercenter, The Home Depot, Lowe’s, Publix, Aldi, Walgreens, Kohl’s, PetSmart, Planet Fitness, AutoZone, Dollar Tree, Mattress Firm, AT&T, Sherwin-Williams, Chili’s, Panera...
...New construction
Build to suit
Major thoroughfare
Dense retail corridor
Top 100 MSA
Strong demographics
Brand new lease
Absolute NNN
Traded and rated company
Over 2000 units backed
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...
Leesburg, FL
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Size/SF 4,680
Warwick, RI
Cap Rate 4.65%
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Springdale, AR
Cap Rate 5.30%
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Manchester, NH
Cap Rate 4.60%
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Size/SF 3,366
Austin, TX
Cap Rate 3.75%
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Cincinnati, OH
Cap Rate 5.50%
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Pensacola, FL
Cap Rate 5.24%
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Size/SF 4,861
Merritt Island, FL
Cap Rate 4.00%
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Size/SF 4,996
Forest Park, IL
Cap Rate 3.85%
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Amherst, OH
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 5,687
McDonough, GA
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 2,864
Wadsworth, OH
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 5,206
Inverness, FL
Cap Rate 4.55%
Lease Abs NNN
R. Term 13.00 yrs
Size/SF 2,493
Largo, FL
Cap Rate 4.45%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 2,975
Corona, CA
Cap Rate 4.50%
Lease Abs NNN
R. Term 16.40 yrs
Size/SF 2,650
Tampa, FL
Cap Rate 4.50%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,500
Lafayette, IN
Cap Rate 4.00%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 5,250
Louisville, KY
Cap Rate 5.13%
Lease NN+
R. Term 11.00 yrs
Size/SF 4,430
Greensboro, NC
Cap Rate 3.95%
Lease Abs NNN
R. Term 16.40 yrs
Size/SF 5,141
South Gate, CA
Cap Rate 4.60%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 1,807
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
