Chipotle - Net Lease Property for Sale
Altamonte Springs, FL
Key Investment Metrics
Price
$4,941,000
Cap Rate
4.3%
Net Operating Income
$210,000
Building Size
2493 SF
Lot Size
2,493 SF
Remaining Term
17 years
Lease Expiration
01/01/2043
Lease Term
18.1 years
Lease Commencement
12/16/2024
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
10% every 5 yrs incl options
About This Chipotle Net Lease Property
This Chipotle NNN (triple net lease) property is located in Altamonte Springs, FL and represents an excellent investment opportunity for commercial real estate investors. The property features 2493 square feet of building space and was built in 2024.
With a cap rate of 4.3%, this Chipotle net lease property offers stable income potential. The asking price is $4,941,000, making it an attractive option for 1031 exchange investors seeking quality Chipotle commercial properties.
Why Invest in Chipotle NNN Properties?
- Stable Income: Chipotle net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Chipotle is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Altamonte Springs, FL Market Overview
Located in Altamonte Springs, FL, this Chipotle property benefits from strong local demographics and market fundamentals. The Altamonte Springs area offers excellent visibility and accessibility, making it an ideal location for Chipotle operations and a solid investment for net lease property buyers.