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Restaurant

Chipotle w/ Drive-Thru | Orlando MSA | 15 Year Absolute Net Lease | Brand New 2023 Construction

1215 W Orange Blossom Trail, Apopka (Orlando MSA), FL 32712

Listing Price: $4,062,500

Cap Rate
4.00%
Tenant Name
Chipotle
Years Remaining On Lease
15.6
Gross SF
2,415
Guarantor
Corporate Guarantee
Rentable SF
2,415
Price/Gross SF
$1,682.19
Lease Type
Absolute Net
Rent Per Square Feet
$67.29

Investment Overview

Apopka is a city located in Orange County, Florida, United States. It is situated approximately 20 miles northwest of Orlando and is part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area. The city covers an area of approximately 33 square miles and has a population of around 53,000 people. The community of Apopka is known for its small-town feel and natural beauty, as it is surrounded by lakes, parks, and natural springs. Agriculture has been an important part of Apopka’s history, and the city is sometimes referred to as the “Indoor Foliage Capital of the World.” Apopka is also home to a number of parks and recreational areas, including the Wekiva Springs State Park and the Lake Apopka Wildlife Drive. In recent years, Apopka has experienced steady growth and development. The city has seen the construction of several new residential and commercial developments, including the Apopka City Center, a mixed-use development that includes residential, retail, and office space. Apopka has a diverse population and is known for its strong community spirit. The city hosts a number of annual events and festivals, including the Apopka Art and Foliage Festival and the Old Florida Outdoor Festival. Overall, Apopka is a charming city that offers residents and visitors alike a unique blend of natural beauty, cultural attractions, and community spirit.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2023 Construction featuring a Drive Thru.
  • Chipotle has an Annual Revenue in Excess of $8.63 Billion, a Total Net Worth of more than $2.36 Billion and is Ranked #450 on the Fortune 500 List.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $83k within a 1-Mile Radius and over 104k People Residing within a 5-Mile Radius.
  • Near Numerous National Retailers including Lowe's, The Home Depot, Winn-Dixie, Harbor Freight, Staples, Big Lots, Key Food Supermarket and many more.
  • Positioned Along Area's Major Traffic & Retail Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 27k Vehicles.
  • In Close Proximity to Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Restaurant

Chipotle w/ Drive-Thru | Orlando MSA | 15 Year Absolute Net Lease | Brand New 2023 Construction

Listing Price: $4,062,500

Cap Rate
4.00%
Tenant Name
Chipotle
Years Remaining On Lease
15.6
Gross SF
2,415
Guarantor
Corporate Guarantee
Rentable SF
2,415
Price/Gross SF
$1,682.19
Lease Type
Absolute Net
Rent Per Square Feet
$67.29

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2023 Construction featuring a Drive Thru.
  • Chipotle has an Annual Revenue in Excess of $8.63 Billion, a Total Net Worth of more than $2.36 Billion and is Ranked #450 on the Fortune 500 List.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $83k within a 1-Mile Radius and over 104k People Residing within a 5-Mile Radius.
  • Near Numerous National Retailers including Lowe's, The Home Depot, Winn-Dixie, Harbor Freight, Staples, Big Lots, Key Food Supermarket and many more.
  • Positioned Along Area's Major Traffic & Retail Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 27k Vehicles.
  • In Close Proximity to Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Investment Overview

Apopka is a city located in Orange County, Florida, United States. It is situated approximately 20 miles northwest of Orlando and is part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area. The city covers an area of approximately 33 square miles and has a population of around 53,000 people. The community of Apopka is known for its small-town feel and natural beauty, as it is surrounded by lakes, parks, and natural springs. Agriculture has been an important part of Apopka’s history, and the city is sometimes referred to as the “Indoor Foliage Capital of the World.” Apopka is also home to a number of parks and recreational areas, including the Wekiva Springs State Park and the Lake Apopka Wildlife Drive. In recent years, Apopka has experienced steady growth and development. The city has seen the construction of several new residential and commercial developments, including the Apopka City Center, a mixed-use development that includes residential, retail, and office space. Apopka has a diverse population and is known for its strong community spirit. The city hosts a number of annual events and festivals, including the Apopka Art and Foliage Festival and the Old Florida Outdoor Festival. Overall, Apopka is a charming city that offers residents and visitors alike a unique blend of natural beauty, cultural attractions, and community spirit.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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