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911 W Main St
Inverness, FL 34450
Chipotle · Retail Property For Sale
Investment Highlights
- 15-year absolute NNN lease to Chipotle, a leading fast-casual restaurant brand with 4,000+ locations & strong financial performance.
- Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
- Chipotle’s 2026 growth strategy blends rapid physical expansion, digital transformation, and operational automation.
- 10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth.
- Chipotle reported total 2025 revenue of $11.9 billion, marking a 5.4% year over year increase, primarily driven by aggressive restaurant expansion
Executive Summary
This Chipotle occupies a trophy location near the signalized intersection of West Main Street and U.S. Route 41, which sees a combined traffic count of approximately 67,500 vehicles per day and represents one of the busiest intersections in Inverness.
The property is located less than one mile from HCA Florida Citrus Hospital, a 204 bed facility and the largest employer in Inverness with more than 1,000 employees, providing a strong daytime population driver.
The site also benefits from close proximity to several educational institutions, including Citrus High School (1,486 students), Inverness Middle School (1,007 students), and Withlacoochee Technical College (768 students), all within walking distance.
Additionally, the property sits near Publix Super Market Plaza Inverness, a grocery anchored retail center that provides strong retail synergy and consistent consumer traffic to the area.
The surrounding trade area is supported by a population of approximately 170,198 residents within a fifteen mile radius. Projected population and income growth within the 5, 10, and 15 mile radii over the next five years position both Chipotle and the Inverness market for steady continued growth.
The property is located less than one mile from HCA Florida Citrus Hospital, a 204 bed facility and the largest employer in Inverness with more than 1,000 employees, providing a strong daytime population driver.
The site also benefits from close proximity to several educational institutions, including Citrus High School (1,486 students), Inverness Middle School (1,007 students), and Withlacoochee Technical College (768 students), all within walking distance.
Additionally, the property sits near Publix Super Market Plaza Inverness, a grocery anchored retail center that provides strong retail synergy and consistent consumer traffic to the area.
The surrounding trade area is supported by a population of approximately 170,198 residents within a fifteen mile radius. Projected population and income growth within the 5, 10, and 15 mile radii over the next five years position both Chipotle and the Inverness market for steady continued growth.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,493 SF
Building Class
B
Year Built
2023
Price
$3,914,000
Price Per SF
$1,570.00
Cap Rate
4.65%
NOI
$182,001
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.94 AC
Zoning
C
Frontage
200’ on Main St
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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