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Chipotle
Jacksonville, FL 32225
Chipotle- NNN- Anchored by Regency Mall · Retail Property For Sale

Property Facts
- Freestanding
- General Retail Fast Food
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
Listing ID: 11710203
Date on Market: 2/23/2018
Last Updated:
Address: Chipotle, Jacksonville, FL 32225
The Southside Estates Retail Property at Chipotle, Jacksonville, FL 32225 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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