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| Price $3,069,000 | Built/Renov 2024 | Tenant Chipotle Mexican Grill |
| Cap Rate 5.00% | Lease Type
Abs NNN | Guarantor Corp Traded |
| Size/SF
2,226
| Lease Start
01-06-2024
| #Units
3,437
|
| Price/SF $1,378.71 | Expiration
01-31-2039
| Tenant Type Fast Casual/Rest. |
| NOI $153,450 | R. Term 14.1 | Ownership Fee Simple |
| Rent/SF
$68.94
| Increases 10.0%/14/yrs | Pop 5Mi 50,065 |
| Lot/AC 0.68 | Options 4/5yrs/10% | AHHI 5Mi $116,156 |
| | |
Chipotle Mexican Grill is strategically located at the signalized, hard-corner intersection of Van Avenue and US Highway 98, with access to a combined daily traffic count of 34,900 vehicles. The property is conveniently situated directly across from a Chevrolet dealership and is surrounded by well-known national tenants including Target, Chick-fil-A, Chipotle, Verizon, Waffle House, and more....
...New construction
Signalized intersection
Dense retail corridor
Near major nationals
Strategically located
Affluent AHHI $100K 5 Mi
Brand new lease
Long 15+ yr lease
Traded and rated company
Corporate Guarantee
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 | |
| 2029 Total Population : | 4,792 | 24,407 | 54,967 |
| 2024 Total Population : | 4,297 | 22,368 | 50,043 |
| 2024 Employed Civilian Pop : | 1,910 | 11,599 | 25,308 |
| 2024 Total Businesses : | 428 | 1,078 | 1,907 |
| 2024 Average Household Income : | $ 118,404 | $ 117,287 | $ 116,173 |
| 2024 Total Consumer Spending : | $ 192 M | $ 914 M | $ 2004 M |
| 2024 Median Age : | 46 | 41 | 42 |
| 2024 Total Households : | 1,870 | 8,962 | 19,882 |
| 2024 Pop Age 25+: Bachelor's Degree : | 783 | 3,859 | 9,661 |
| 2024 Average Home Value : | $ 631,317 | $ 477,399 | $ 431,101 |
Inver Grove Heights, MN
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Scottsdale, AZ
Cap Rate 4.75%
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Las Vegas, NV
Cap Rate 4.61%
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Snellville, GA
Cap Rate 5.41%
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Michigan City, IN
Cap Rate 4.50%
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South Jordan, UT
Cap Rate 4.50%
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Cap Rate 5.00%
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R. Term 14.70 yrs
Size/SF 2,325
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Cap Rate 4.25%
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R. Term 19.80 yrs
Size/SF 3,500
Joliet, IL
Cap Rate 4.50%
Lease Abs NNN
R. Term 15.70 yrs
Size/SF 5,042
Murrieta, CA
Cap Rate 4.38%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 3,206
San Bernardino, CA
Cap Rate 5.75%
Lease NN+
R. Term 13.60 yrs
Size/SF 2,336
Laurinburg, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 2,357
Barstow, CA
Cap Rate 5.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,500
Mercerville, NJ
Cap Rate 5.00%
Lease NN+
R. Term 14.80 yrs
Size/SF 2,325
Toms River, NJ
Cap Rate 5.00%
Lease NN+
R. Term 14.10 yrs
Size/SF 2,325
Dickson, TN
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.30 yrs
Size/SF 1,225
Eau Claire, WI
Cap Rate 4.65%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 2,809
Key West, FL
Cap Rate 5.75%
Lease Abs NNN
R. Term 13.00 yrs
Size/SF 1,690
Little Rock, AR
Cap Rate 6.00%
Lease Abs NNN
R. Term 10.20 yrs
Size/SF 2,456
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
