Price $3,489,000 | Built/Renov 2023 | Tenant Chipotle |
Cap Rate 4.50% | Lease Type
NN+ | Guarantor Corp Traded |
Size/SF
2,400
| Lease Start
12-01-2023
| #Units
3,224
|
Price/SF $1,453.75 | Expiration
12-01-2043
| Tenant Type Fast Casual/Rest. |
NOI $157,000 | R. Term 19.12 | Ownership Fee Simple |
Rent/SF
$65.42
| Increases 10.0%/5/yrs | Pop 5Mi 63,150 |
Lot/AC 0.72 | Options 6/5yrs/10% | AHHI 5Mi $129,352 |
| |
This newly constructed 2,400 square foot Chipotle is situated on a .71 acre parcel along North El Mirage Road seeing 6,700 vehicles per day. The site benefits from its location as an outparcel to a shopping center with neighboring tenants including Walgreens, AutoZone, Big Dreams Preschool and others. Additional national/credit tenants in the area include Safeway, Subway, Circle K, Starbucks,...
...New construction
Roof guarantee
Dense retail corridor
Near major nationals
Top 100 MSA
Affluent AHHI $100K 5 Mi
Brand new lease
Long 20+ yr lease
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 : | 5,852 | 33,087 | 77,275 |
2023 Total Population : | 5,792 | 30,969 | 73,479 |
2023 Employed Civilian Pop : | 2,600 | 13,944 | 32,494 |
2023 Total Businesses : | 81 | 173 | 685 |
2023 Average Household Income : | $ 154,878 | $ 157,151 | $ 141,348 |
2023 Total Consumer Spending : | $ 290 M | $ 1515 M | $ 3313 M |
2023 Median Age : | 44 | 40 | 42 |
2023 Total Households : | 2,219 | 11,415 | 27,488 |
2023 Pop Age 25+: Bachelor's Degree : | 1,177 | 6,655 | 14,736 |
2023 Average Home Value : | $ 555,413 | $ 541,965 | $ 520,846 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
N Vistancia Bl | Vistancia Blvd | 2014 | 13,858 | 0.14 mi |
North Westward Skies Drive | 120th Ln | 2019 | 9,081 | 0.35 mi |
Vistancia Blvd | Sunrise Pt | 2014 | 9,905 | 0.41 mi |
North Vistancia Boulevard | W Roy Rogers Rd | 2018 | 7,335 | 0.51 mi |
North Vistancia Boulevard | Blue Sky Dr | 2018 | 7,907 | 0.60 mi |
Ridgeline Rd | 122nd Dr | 2016 | 1,294 | 0.63 mi |
el Mirage Rd | Blue Sky Dr | 2015 | 2,662 | 0.68 mi |
Sunrise Pt | Nadine Way | 2015 | 1,090 | 0.80 mi |
Sunset Pt | W Lone Mountain Pw | 2015 | 1,445 | 0.93 mi |
West Lone Mountain Parkway | N el Mirage Rd | 2019 | 11,948 | 0.98 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]