| Price $4,742,268 | Built/Renov 2023 | Tenant Chipotle Mexican Grill |
| Cap Rate 4.85% | Lease Type
Abs NNN | Guarantor Corp Traded |
| Size/SF
2,400
| Lease Start
12-01-2023
| #Units
3,437
|
| Price/SF $1,975.94 | Expiration
12-01-2038
| Tenant Type Fast Casual/Rest. |
| NOI $230,000 | R. Term 14.6 | Ownership Fee Simple |
| Rent/SF
$95.83
| Increases 10.0%/5/yrs | Pop 5Mi 159,582 |
| Lot/AC 0.63 | Options 4/5yrs/10% | AHHI 5Mi $64,660 |
| | |
Chipotle is strategically located on Baymeadows Rd., with access to 51,500 VPD and is located near the off ramp to I-95 which features over 118,000 VPD. The property sits on the first signalized intersection when you exit east on I-95 on Baymeadows Road. Additionally, the site is in close proximity to the Deerwood Campus of Florida State College at Jacksonville and the nearby University of...
...New construction
Signalized intersection
High traffic 50M+ VPD
University college close
Dense 100M+ pop 5 mi
Top 100 MSA
Income tax free state
Brand new lease
Absolute NNN
Publicly traded company
Chipotle Mexican Grill, Inc., or “Chipotle”, is an American chain of fast-casual restaurants in the U.S., United Kingdom, Canada, Germany, and France. The Fortune 500 company...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 12,165 | 82,913 | 190,349 |
| 2023 Total Population : | 11,984 | 79,382 | 185,504 |
| 2023 Employed Civilian Pop : | 7,776 | 46,786 | 104,001 |
| 2023 Total Businesses : | 1,020 | 6,026 | 12,245 |
| 2023 Average Household Income : | $ 62,324 | $ 92,971 | $ 95,126 |
| 2023 Total Consumer Spending : | $ 330 M | $ 2935 M | $ 6644 M |
| 2023 Median Age : | 34 | 36 | 37 |
| 2023 Total Households : | 5,963 | 36,187 | 80,366 |
| 2023 Pop Age 25+: Bachelor's Degree : | 2,189 | 18,728 | 39,449 |
| 2023 Average Home Value : | $ 268,122 | $ 346,729 | $ 335,374 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Baymeadows Rd | Western Way | 2010 | 48,000 | 0.07 mi |
| Baymeadows Road | Baymeadows Cir W | 2021 | 48,500 | 0.12 mi |
| Baymeadows Road | Baymeadows Rd | 2022 | 42,000 | 0.12 mi |
| Western Way | Western WayCir | 2004 | 8,611 | 0.12 mi |
| Baymeadows Rd | 2022 | 6,600 | 0.13 mi | |
| Baymeadows Rd | 2022 | 5,700 | 0.20 mi | |
| I- 95 | Baymeadows Rd | 2010 | 95,000 | 0.22 mi |
| I- 95 | 2022 | 14,500 | 0.25 mi | |
| Baymeadows Rd | 2022 | 13,500 | 0.31 mi | |
| Baymeadows Road | Centurion Square Ap | 2022 | 65,000 | 0.40 mi |
Shelton, CT
Cap Rate 4.25%
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Size/SF 5,600
Rochester, NY
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Amarillo, TX
Cap Rate 4.75%
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Brookfield, WI
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Philadelphia, PA
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Titusville, FL
Cap Rate 5.75%
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Cocoa, FL
Cap Rate 5.75%
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South Gate, CA
Cap Rate 4.60%
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Crossville, TN
Cap Rate 4.50%
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R. Term 13.40 yrs
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Largo, FL
Cap Rate 4.25%
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Snellville, GA
Cap Rate 4.46%
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R. Term 15.00 yrs
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Corona, CA
Cap Rate 4.00%
Lease Abs NNN
R. Term 17.70 yrs
Size/SF 2,650
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
