Chase Bank & Chipotle | 1.9 AC Parcel | $143,000 AHHI
Absolute Net | Depreciation | 10% Increases
Marketing description
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this 1.9 Acre parcel leased to Chase Bank and Chipotle on new 15 year leases. Chipotle has been open since June 2025 and Chase Bank will open in the second quarter of 2026.
Investment highlights
Chase Bank is the world's most valuable bank with an investment grade credit rating (S&P: AA-) and Chipotle is one of the world's most favored fast-casual restaurants with over $11.5 billion in revenue
Absolute Net Lease and Ground Lease provide passive ownership and stable cash flow - common area landlord maintenance obligations and can be handled by single vendor and are fully reimbursed
Chase is relocating into this new prototype with drive-thru and brings an existing customer and deposit base
Chipotle is equipped with it's "Chipotlane" drive-thru maximizing convenience and profitability
Large 1.9 Acre parcel in affluent market ($143,000 AHHI in 3 miles) with excellent visibility and full access to E Eau Gallie Blvd. which carries over 20,000 VPD
Shadow anchored by Ocean Springs Shopping Center which sees over 1.5 million visits per year
Fixed 10% rental increases provides hedge against inflation
Fee simple ownership allows for depreciaton of Chipotle building boosting after tax returns
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