Chipotle Drive-Thru | 6341 Waters ave
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Chipotle Drive-Thru 6341 Waters ave
2,500 SF Retail Building Tampa, FL 33634 $3,723,000 ($1,489/SF) 4.88% Cap Rate
Investment Highlights
- 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
- Chipotle’s Stock (NYSE: CMG) has Increased Approximately 223% Over the Last 5 Years
- Brand New Prototype with “Chipotlane” Drive-Thru
- Corporate Guaranty (3,500+ Locations), Fortune 500 Company with $10.663 Billion in Annual Revenue
- Average Unit-Level Sales for Chipotle Exceeds $3 Million in the U.S.
- Serving Over 250,000 Residents in Rapidly Growing Town ‘N’ Country Area of Tampa
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Year Built
2024
Price
$3,723,000
Price Per SF
$1,489
Cap Rate
4.88%
NOI
$181,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.42 AC
Zoning
PD
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | U-24-28-17-D1M-000000-00001.0 | Improvements Assessment | $0 |
| Land Assessment | $311,905 | Total Assessment | $311,905 |
PROPERTY TAXES
Parcel Number
U-24-28-17-D1M-000000-00001.0
Land Assessment
$311,905
Improvements Assessment
$0
Total Assessment
$311,905
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Chipotle Drive-Thru | 6341 Waters ave
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