About This Restaurant
Investment Highlights
Rare "Chipotlane" drive-thru at signalized intersection (60,000+ VPD) in top Florida growth market Lease is guaranteed by parent company Chipotle Mexican Grill, Inc. (NYSE: CMG) Absolute Net lease provides passive ownership and stable cash flow for out of state investor Polk County ranked as the #1 fastest growing County in Florida in 2023 with an additional +/- 17,000 homes being developed within a 6 mile radius of C Chipotle is one of the World's most favored fast-casual restaurants with over 3,400 restaurants and $9.9 billion in annual revenue (2023) Fee Simple ownership allows for depreciation of the building boosting after tax returns
Executive Summary
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Fast Food
- Building Size 2,493
- Building Class B
- Year Built 2023
- Price 3,750,000
- Price Per SF 1,504
- Cap Rate 4.40
- NOI 165,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.08
- Land Acres 0.69 AC
Nearby Amenities & Transportation
| Retail | Denny's | ||
| Retail | ALDI | ||
| Retail | Beef 'O' Brady's | ||
| Retail | Sonny's Real Pit Bar-b-q | ||
| Retail | SouthState Bank | ||
| Retail | Checkers | ||
| Retail | Winn-Dixie | ||
| Retail | Publix | ||
| Retail | Buddy's Home Furnishings | ||
| Retail | Anytime Fitness |
Property Taxes
| Parcel Number | 27-27-19-744100-000081 | Improvements Assessment | $523,187 |
| Land Assessment | $801,977 | Total Assessment | $1,325,164 |
| Date Created: | 2024-07-16 04:13:31 | Last Updated: | 2024-07-16 04:13:31 |
| Address: | 35648 US Hwy 27 N , Haines City, Florida, 33844 | ||