NNN New Construction Chipotle - Pensacola FL
Brand New Construction | Absolute NNN | Corporate 15 Year Term | 10% Increases Every Five
Marketing description
Introducing a prime investment opportunity in Pensacola, Florida! Nestled at 8870 Boesch Lane, this single-tenant absolute NNN property features a brand-new QSR with a drive-thru, backed by a corporate guaranty. Situated at the Ransley Station Outparcel in a high-traffic interstate location with 81,500 VPD, this property is part of a dynamic 40+ acre mixed-use development. Boasting a top-tier tenant, Chipotle, the property offers a lucrative cap rate of 4.65% with a net operating income of $196,000. With a 15-year lease term, scheduled rental increases, and corporate guaranty by Chipotle Mexican Grill, Inc. (NYSE: CMG), this investment package provides stability and growth potential. The property entails no landlord responsibilities and benefits from fee simple ownership and no state income tax. Don't miss out on this exceptional opportunity at 8870 Boesch Lane, Pensacola! Contact us today to learn more and secure your place in this outstanding investment venture.
Investment highlights
Brand New 15-Year Lease | Corporate Guaranty | Brand New Construction | Scheduled Rental Increases
Absolute NNN Lease | Fee Simple Ownership (Land & Building) | No Landlord Responsibilities | No State Income Tax
Ransley Station Outparcel | Directly Off Interstate 10 |Surrounding Retailers | Avalon Apartments | Off West 9 Mile Road
Off Signalized Intersection | Excellent Visibility | Multiple Points of Access
Local Demographics 5-Mile Trade Area | Downtown Pensacola
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