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Chipotle
Jacksonville, FL 32225
Chipotle- NNN- Anchored by Regency Mall · Retail Property For Sale
PROPERTY FACTS
ABOUT CHIPOTLE , JACKSONVILLE, FL 32225
BRAND NEW LEASE! NEW PROTOTYPE BLDG. We are pleased to offer a brand new single tenant NNN investment fully leased to Chipotle Mexican Grill on a corporate lease. With a brand new 11 year lease scheduled to begin the earlier of Tenant's opening for business or 1/13/2018, this location provides excellent long term stable cash flow with a rent increase of 10% after year 6 as well as 10% increases each option period (4 -5 year options). Additionally, this location will be part of Chipotle's new prototype construction and is backed by a corporate guarantee. This is a rare opportunity to purchase a brand new corporate guaranteed single tenant NNN investment, positioned as an outparcel to an existing Best Buy and Guitar Center, benefiting from excellent visibility from over 37,300 VPD, with 11 years remaining and minimal Landlord responsibilities.
PROPERTY TAXES
| Parcel Number | 123030-0600 | Improvements Assessment | $387,602 |
| Land Assessment | $1,717,598 | Total Assessment | $2,105,200 |
PROPERTY TAXES
