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227 Carol Ave
Fort Walton Beach, FL 32548
Chipotle · Retail Property For Sale
Investment Highlights
- New 15-Year, Triple Net (NNN) Lease with Three, Five-Year Tenant Renewal Options
- 10 Percent Rent Increases Every Five Years During Base Term and Option Periods
- Located on Mary Esther Cut Off With a Traffic Count of More Than 32,000 Vehicles Daily; Situated Between Beal Parkway, With 47,500 Vehicles Daily, and
- Brand New Location, Now Open! Location Features “Chipotlane” – Chipotle’s Extremely Successful Drive-Thru Concept
- Publicly Traded on the NYSE Under the Ticker CMG; As of September 2021, Chipotle’s Stock is at or Near All-Time Highs; Despite the Pandemic, Revenue I
- Surrounding National Retailers Include Home Depot, Sam’s Club, Kohl’s, Target, Walmart Supercenter, Lowe’s, Regal Cinemas, Old Navy, Dillard’s, Hibbet
Property Facts
Property Type
Retail
Building Size
2,325 SF
Building Class
B
Year Built
2021
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
0.94 AC
Zoning
007700
Property Taxes
| Parcel Number | 09-2S-24-1860-0007-0040 | Improvements Assessment | $260,211 |
| Land Assessment | $780,104 | Total Assessment | $1,040,315 |
Property Taxes
Parcel Number
09-2S-24-1860-0007-0040
Land Assessment
$780,104
Improvements Assessment
$260,211
Total Assessment
$1,040,315
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