Chipotle & Sage Dental 2560 S Washington Ave 6,150 SF 100% Leased Retail Building Titusville, FL 32780 $4,700,000 ($764.23/SF) 5.38% Cap Rate

RE/MAX 360 Real Estate is pleased to present the 100% fee simple interest in a dual-tenant NNN investment located at 2560 South Washington Avenue (US-1) in Titusville, Florida.
The property totals 6,150 SF on 1.05 acres. It sits on a prime signalized corner at US-1 & Harrison Street, serving as the high-visibility southeast outparcel to Titus Landing, a ±297,000 SF lifestyle center anchored by Hobby Lobby, Epic Theatres, Ulta, Bealls, and Harley Davidson.
New Pricing & Cap Rate Growth
Now offered at $4,700,000, the property produces an NOI of $252,638 (5.38% cap). Both tenants benefit from 10% fixed rent increases, delivering reliable income growth:
2027 – Chipotle: NOI increases to $262,958 (5.60% cap)
2028 – Sage Dental: NOI increases to $277,920 (5.92% cap)
High-Quality Corporate Tenants (Both Corporate Guaranteed)
Chipotle Mexican Grill (NYSE: CMG) – 10-year corporate-guaranteed NNN lease featuring the newest Chipotlane drive-thru prototype. One of the strongest operators in the fast-casual sector with 2,900+ locations nationwide.
Sage Dental – Corporate-guaranteed NNN lease with one of the fastest-growing Dental Support Organizations in the Southeast, operating 80+ locations across Florida and Georgia.