Listed by SRS Real Estate Partners Tampa
$5,278,000
Chipotle - Tampa (Clearwater) FL
Details
APN 02-30-16-00000-330-0130
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,506
Cap Rate 4.5%
NOI $237,515
Occupancy 100%
Tenancy Single
Brand/Tenant Chipotle
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/30/2041
Remaining Term 15
Rent Bumps Yes
Lease Options 4 (5-Year)
Price per SqFt $1,505
Broker Co-Op Yes
Class A
Year Built 2015
Year Renovated 2026
Buildings 1
Stories 1
Acreage 1.280
Zoning Commercial
Parking Spaces 44 spaces
Parking per 1,000 SqFt 12.55
Investment Type Net Lease
Tenant Credit Corporate Guarantee, Credit Rated
Lease Commencement 07/01/2026
Ownership Fee Simple
15 Year, Abs. NNN Lease, Corporate Guarantee
Investment highlights
- Brand New 15-Year Lease | 10% Rent Increases | Options to Extend |Includes Billboard on Site | 2026 Remodel
- Absolute NNN | Fee Simple Ownership | No State Income Tax | Zero Landlord Responsibilities
- Adjacent to Carillon Office Park (432 Acres) | Direct Consumer Base
- Signalized, Hard Corner Intersection | Intl. Airport | Hotel Presence | Off I-275 (115,000 VPD) |
- Echelon City Center Master Plan | 20.5 Acres | 150,000 SF Retail
- Strong Demographics In 5-mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Tampa
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$237,515.00
$19,792.92/mo
Valuation Metrics
0
DSCR
4.5%
Cap Rate
4.5%
ROI
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