Log In/Sign Up
Your email has been sent.
Chipotle -Ft. Myers-Cape Coral MSA 2722 Lee Blvd 2,492 SF Retail Building Lehigh Acres, FL 33971 $4,413,000 ($1,770.87/SF) 4.60% Cap Rate
Investment Highlights
- New 15-Year Lease | Corporate Guaranty | 2025 New Construction |Scheduled Rental Increases | Leading Fast-Casual Chain
- Part of Larger Retail Development | Strong Retail Corridor | New Developments | Residential Consumer Base
- Absolute NNN Lease | Fee Simple Ownership (Land & Building) | Limited Landlord Responsibilities | No State Income Tax
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 3,700 locations
• 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• 2025 new construction Chipotlane
• The lease is corporate guaranteed by Chipotle Mexican Grill, Inc., a publicly traded
(NYSE: CMG) and nationally recognized tenant with over 3,700 locations
• 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• 2025 new construction Chipotlane
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,492 SF
Building Class
C
Year Built
2025
Price
$4,413,000
Price Per SF
$1,770.87
Cap Rate
4.60%
NOI
$203,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.82 AC
Zoning
C-1 - Neighborhood Commercial District
Parking
30 Spaces (12.04 Spaces per 1,000 SF Leased)
Frontage
174’ on Lee Blvd
Amenities
- Pylon Sign
- Restaurant
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 25-44-26-L3-17000.0030 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $156,815 |
Property Taxes
Parcel Number
25-44-26-L3-17000.0030
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$156,815
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Chipotle -Ft. Myers-Cape Coral MSA | 2722 Lee Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.