Listed by Sands Investment Group, Sands Investment Group Austin
$4,941,000
Chipotle - Altamonte Springs, FL
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,335
Cap Rate 4.25%
NOI $210,000
Occupancy 100%
Tenancy Single
Brand/Tenant Chipotle
Lease Type Absolute NNN
Lease Term 19
Lease Expiration 01/31/2043
Remaining Term 16.6
Rent Bumps Yes
Lease Options 4 x 5 Year Options
Price per SqFt $2,116
Year Built 2025
Acreage 0.340
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 01/29/2024
Ground Lease Yes
Rare New Construction Ground Lease | Signalized Intersection | 55,400+ VPD | Orlando MSA
Marketing description
Sands Investment Group is pleased to exclusively offer for sale a rare corporate ground lease Chipotle located at 760 E Altamonte Drive in Altamonte Springs, FL. This opportunity features a corporate-backed structure that provides investors with a secure, passive income stream and zero landlord responsibilities, making it an ideal option for 1031 exchange buyers and private capital seeking management-free ownership. With strong brand tenancy and stable cash flow, this asset presents a compelling and reliable investment opportunity.
Investment highlights
- Long-Term Ground Lease: Structure provides investors with a secure, passive income stream with zero landlord responsibilities, making it an ideal vehicle for 1031 exchange buyers and private capital seeking management-free ownership.
- Exceptional Traffic Exposure & Access: Frontage along a primary commercial artery with tens of thousands of vehicles per day, combined with multiple points of ingress and egress, maximizing both visibility and convenience for the surrounding consumer base.
- Irreplaceable Infill Location: Positioned at a signalized intersection with immediate access to major highway corridors, providing exceptional visibility and connectivity to the surrounding trade area.
- Anchored by the Community's Largest Employers: With AdventHealth Altamonte Springs, one of Seminole County's largest hospitals and major employers, located directly across the street, and Altamonte Mall, Seminole County's largest regional mall, within one mile, the site draws from a captive audience of employees, patients, and shoppers that no suburban pad site can replicate.
- Orlando MSA Momentum: Altamonte Springs sits within the Greater Orlando metro, one of the most dynamic and diversified economies in the Southeast - anchored by tourism, healthcare, tech, and defense sectors.
- Affluent and Growing: Situated within the Orlando MSA, one of the nation's top-performing growth markets with 93,000 residents and 82,000 daytime employees within 3 miles, providing a deep, durable consumer pool.
- County's Primary Retail Destination: Altamonte Springs anchors Seminole County's retail market, drawing shoppers from a regional trade area that extends well beyond its city limits into Winter Park, Casselberry, and Longwood.
- Strong National Co-Tenancy: Prime retail location with strong co-tenancy, including Raising Cane’s, First Watch, Starbucks, and Panera Bread, supporting robust foot traffic and synergy.
Listing Contacts
Listed by Sands Investment Group, Sands Investment Group Austin
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$210,000.00
$17,500.00/mo
Valuation Metrics
0
DSCR
4.25%
Cap Rate
4.25%
ROI
Map
Zoning
C-G CommercialGeneral CommercialGeneral Retail Commercial District
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View all 105 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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