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Chipotle - Inverness FL 911 W Main St 2,493 SF Retail Building Inverness, FL 34450 $3,999,000 ($1,604.09/SF) 4.55% Cap Rate
INVESTMENT HIGHLIGHTS
- 14+ Years Remaining | Corporate Signed | Options to Extend | Scheduled Rental Increases | Leading Fast-Casual Chain
- Fronting W. Main Street | Growing Submarket | Plaza Inverness | Primary Thoroughfare | Chipotlane Concept
EXECUTIVE SUMMARY
The tenant has 14+ years remaining with 4 (5-Year) options to extend, demonstrating their long-term commitment to the site
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,493 SF
Building Class
B
Year Built
2023
Price
$3,999,000
Price Per SF
$1,604.09
Cap Rate
4.55%
NOI
$182,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.94 AC
Zoning
C
Frontage
200’ on Main St
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 20E-19S-18-0000-21400-0065 | Improvements Assessment | $656,980 |
| Land Assessment | $488,990 | Total Assessment | $1,145,970 |
PROPERTY TAXES
Parcel Number
20E-19S-18-0000-21400-0065
Land Assessment
$488,990
Improvements Assessment
$656,980
Total Assessment
$1,145,970
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Chipotle - Inverness FL | 911 W Main St
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