Restaurant
Chipotle Drive-Thru | New 15-Yr. Absolute NNN
6341 W Waters Ave, Tampa, FL 33634
Listing Price: $4,033,000
Cap Rate
4.50%
Tenant Name
Chipotle
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
Absolute Net
Rent Per Square Feet
$72.60
Investment Overview
Marcus & Millichap is pleased to present the Chipotle in Tampa, FL.
Chipotle Drive-Thru | New 15-Yr. Absolute NNN
Investment Highlights
- 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
- Corporate Guaranty (3,500+ Locations), Fortune 500 Company with $10.663 Billion in Annual Revenue
- Chipotle's Stock (NYSE: CMG) has Increased Approximately 223% Over the Last 5 Years
- Average Unit-Level Sales for Chipotle Exceeds $3 Million in the U.S.
- Brand New Prototype with "Chipotlane" Drive-Thru
- Serving Over 250,000 Residents in Rapidly Growing Town 'N' Country Area of Tampa
- Adjacent to High-Volume Target and Lowe's Anchored Power Center
- Walking Distance to Six-Building Class-A Business Park with 720,000 SF
Listing Price: $4,033,000
Cap Rate
4.50%
Tenant Name
Chipotle
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
Absolute Net
Rent Per Square Feet
$72.60
Investment Highlights
- 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
- Corporate Guaranty (3,500+ Locations), Fortune 500 Company with $10.663 Billion in Annual Revenue
- Chipotle's Stock (NYSE: CMG) has Increased Approximately 223% Over the Last 5 Years
- Average Unit-Level Sales for Chipotle Exceeds $3 Million in the U.S.
- Brand New Prototype with "Chipotlane" Drive-Thru
- Serving Over 250,000 Residents in Rapidly Growing Town 'N' Country Area of Tampa
- Adjacent to High-Volume Target and Lowe's Anchored Power Center
- Walking Distance to Six-Building Class-A Business Park with 720,000 SF
Investment Overview
Marcus & Millichap is pleased to present the Chipotle in Tampa, FL.
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
