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Chipotle - Orlando (St Cloud) FL 2000 Nolte Rd 2,415 SF Retail Building Saint Cloud, FL 34772 $4,378,000 ($1,812.84/SF) 4.50% Cap Rate
Investment Highlights
- Brand New 15-Year Lease | Corporate Guaranty | Brand New Construction | Scheduled Rental Increases
- Near Signalized, Hard Corner Intersection | Part of Larger Retail Development | Surrounding Retail
- Demographics in 5-mile Trade Area | Annual Population Growth
- Absolute NNN Lease | Fee Simple Ownership (Land & Building) | Zero Landlord Responsibilities | No State Income Tax
- Excellent Visibility | Multiple Points of Access | Drive-Thru Equipped
Executive Summary
• Chipotle recently signed a brand new 15-year lease with 4 (5-year) options to extend
• The lease is corporate guaranteed by Chipotle Mexican Grill, Inc., a publicly traded
(NYSE: CMG) and nationally recognized tenant with over 4,000 locations
• 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• The lease is corporate guaranteed by Chipotle Mexican Grill, Inc., a publicly traded
(NYSE: CMG) and nationally recognized tenant with over 4,000 locations
• 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,415 SF
Building Class
C
Year Built
2026
Price
$4,378,000
Price Per SF
$1,812.84
Cap Rate
4.50%
NOI
$197,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.01 AC
Zoning
Commercial
Parking
35 Spaces (14.49 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Restaurant
- Drive Thru
- Monument Signage
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
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Chipotle - Orlando (St Cloud) FL | 2000 Nolte Rd
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