Chipotle | Largo, FL (St Pete-Clearwater)
New 15-Year Lease | Affluent Tampa MSA | Hard Signalized Corner
Marketing description
TSCG is pleased to offer for sale a 15-year Abs NNN Chipotle in Largo (Tampa MSA), FL. The oversized 2,900+ SF building features a Chipotlane drive thru and is situated at a hard signalized corner with 31,000+ VPD. The Property benefits from its proximity to Indian Rocks Beach (1.5 miles), Walsingham Commons, Indian Rocks Shopping Center and Barclay Square. Major retailers nearby include Publix, Walmart Neighborhood Market, Bealls, Starbucks and Wawa. Chipotle is strategically located along SR 688, a major east-west thoroughfare providing access to Tampa, St. Pete-Clearwater International Airport and Interstate 275.
Investment highlights
15-YEAR ABS NNN LEASE | RECENT OPENING | LARGE FORMAT WITH CHIPOTLANE
15-year absolute NNN lease with 10% rent increases every 5 years | Chipotle opened this location in December 2025
Benefit of an oversized ~2,905 SF building with a Chipotlane drive thru | The building is 20%+ larger than a typical Chipotle footprint
Cross access to the signalized intersection of 137th St and Walsingham Rd (SR 688)
Chipotle’s revenue in 2025 was $11.9 billion, a 5.4% increase from 2024
Chipotle had a record 334 new restaurant openings in 2025 with 77% including a Chipotlane | Digital sales accounted for 36.7% of total food and beverage sales for the year
Chipotle has over 4,000 locations with plans to grow to 7,000+ across the US and Canada
HARD SIGNALIZED CORNER | 31,000+ VPD | ESTABLISHED RETAIL CORRIDOR
Chipotle is situated at the hard signalized intersection of Walsingham Rd and 137th St (31,700 VPD)
Within ½ mile to three high-performing shopping centers anchored by Publix and Walmart Neighborhood Market:
Major retailers in the immediate area include Publix, Walmart Neighborhood Market, Bealls, Wawa, Starbucks, McDonald’s and more
Dense population base | Population is more than 78,000 within a 3-mile radius
Over the last 12 months, Indian Rocks Beach generated 4.9M non-resident visits and 1.6M out-of-market visitors (Placer.ai)
MINS TO INDIAN ROCKS BEACH | TOURISM CROSSOVER | $111,000+ AHHI
Chipotle is conveniently located 1.5 miles east of Indian Rocks Beach and 1.75 miles west of the Pinellas Trail
The tourism and residential crossover create consistent traffic throughout the year
The overall tourism impact in Pinellas County for 2024 was $11.2 billion with more than 15M visitors and 6M+ hotel room nights booked
Walsingham Rd (SR 688) is a key east-west connector that provides easy access to beaches, major north-south commuter roads, Interstate 275 and Tampa
Short drives to Clearwater, St Pete, Tampa, St Pete-Clearwater International Airport, Seminole and Pinellas Park
$111,000+ AHHI and $436,000+ median home value within a 3-mile radius from the Property
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
