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31661733
31661732

3335 Ulmerton Rd, Clearwater, FL 33762 For Sale

WW
FL SL3257920
SRS Real Estate Partners Tampa
PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa
$5,278,000
97 days on market
Updated 94 days ago

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

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

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Loan Amount
$0.00
Annual Debt Service
$--
$--
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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Property History

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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
William Wamble
License
SL3257920
Name
Patrick Nutt
License
BK3120739
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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