8333 Mikajack Ave | Navarre, FL 32566
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- LoopNet Team
8333 Mikajack Ave
Navarre, FL 32566
Chipotle · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15-year absolute NNN lease to a major national QSR tenant
- No landlord management, an ideal opportunity for passive investors
- Chipotle is ranked on the Fortune 500 and is recognized on the 2023 list for Fortune’s Most Admired Companies
- 10% rental increases every five (5) years in initial term and option periods, providing a passive longterm income generator
- Chipotle is the only restaurant company of its size that owns and operates all its restaurants
- New high-quality 2024 construction built to Chipotle’s latest prototype
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,375 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.26 AC
Zoning
HCD
Parking
24 Spaces (10.11 Spaces per 1,000 SF Leased)
Frontage
228’ on MIKAJACK AVE
PROPERTY TAXES
| Parcel Number | 20-2S-26-0000-01708-0000 | Improvements Assessment | $1,467,586 |
| Land Assessment | $891,386 | Total Assessment | $2,358,972 |
PROPERTY TAXES
Parcel Number
20-2S-26-0000-01708-0000
Land Assessment
$891,386
Improvements Assessment
$1,467,586
Total Assessment
$2,358,972
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