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29224604
29224606

10356 US-441, Belleview, FL 34420

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa
$3,957,900
25 days on market
Updated 25 days ago

NNN Chipotle - Ocala (Belleview) FL

Details
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 2,492
Net Rentable (SqFt) 2,492
Cap Rate 4.75%
NOI $188,000
Occupancy 100%
Tenancy Single
Brand/Tenant Chick-fil-A, Chipotle
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 11/01/2040
Remaining Term 14.4
Rent Bumps Yes
Lease Options 4 (5-Year)
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 1
Zoning B-4, General Business (arterial)
Parking Spaces 26 spaces
Parking Per SqFt 10.43
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 11/01/2025
Ownership Fee Simple
Sale Condition 1031 exchange

New Construction | Absolute NNN | Corporate 15 Year Term | 10% Increases Every Five

Marketing description

Introducing an exceptional investment opportunity in Belleview, Florida - Chipotle on US-441, 10356! This brand-new construction boasts a corporate guaranty from Chipotle on a single tenant absolute NNN lease. Across from a high-performing Publix location, this property offers a prime location with high visibility. With a net operating income of $188,000 and a 4.75% cap rate, this 2,492 SF property presents a solid 15-year lease term with scheduled rental increases every 5 years and 4 (5-year) extension options. The lease, corporate guaranteed by Chipotle Mexican Grill, Inc., ensures a secure investment with a nationally recognized fast-casual chain. Zero landlord responsibilities and a fee simple ownership structure make this an ideal passive investment, with the added benefit of no state income tax in Florida. Don't miss your chance to own a piece of this exciting opportunity - inquire now for more details on Chipotle at 10356 US-441 in Belleview!

Investment highlights

  • Brand New 15-Year Lease | Corporate Guaranty | New Construction | Scheduled Rental Increases | Leading Fast-Casual Chain

  • Absolute NNN Lease | Fee Simple Ownership (Land & Building) | Zero Landlord Responsibilities | No State Income Tax

  • Fronting US-441 | Part of Larger Retail Development | Belleview Regional Center | Surrounding New Retail Development

  • Local Demographics in 5-Mile Trade Area

Listing Contacts

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$188,000.00
$15,666.67/mo

Valuation Metrics

0
DSCR
4.75%
Cap Rate
4.75%
ROI

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Additional Information

Name
Patrick Nutt
License
FL License No. BK3120739
Brokerage
SRS Real Estate Partners-SOFLO LLC
Title
Broker of Record
Name
Patrick Nutt
License
BK3120739
Name
William Wamble
License
SL3257920
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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