Chipotle Net Lease – Belleview, FL
Description
This Chipotle net lease opportunity features a brand-new, Class A retail asset located in Belleview, Florida. The property is secured by a 15-year absolute NNN lease with a corporate guaranty, offering investors long-term, passive income with zero landlord responsibilities. New 2025 construction, strong tenant credit, and scheduled rent increases create a durable, inflation-resistant income stream.
The asset benefits from a strategic position fronting a major commercial corridor in Belleview and is part of a larger, growing retail environment. High visibility, excellent accessibility, and proximity to expanding residential and commercial development support consistent customer traffic and long-term tenant performance.
Belleview continues to experience steady growth as part of a broader Central Florida market. Strong local demographics, combined with new retail and residential development within the surrounding trade area, further enhance the investment’s stability and long-term upside.
Investment Highlights
- LONG-TERM, ABSOLUTE NNN LEASE
Brand-new 15-year absolute NNN lease with four 5-year renewal options and 10% rent increases every five years, providing predictable income growth. - STRONG CREDIT TENANT
Leased to a leading fast-casual restaurant brand with a corporate guaranty, supporting long-term rent security and operational stability. - PRIME BELLEVIEW LOCATION
Frontage along a major roadway within Belleview’s regional retail corridor, surrounded by new commercial development and supported by solid local demographics.
Address
Overview
- Property ID 14635
- Price $3,957,900
- Property Type Business, Retail
- Property status For sale
- Year Built 2025
- Size 2,492 SqFt
- Investment Type Net Lease
- Class A
- Lease Type Absolute NNN
- Tenant Credit Credit Rated, Corporate Guarantee
- Tenancy Single
- Brand/Tenant Chipotle
- Lease Term 15 years
- Lease Commencement 11/01/2025
- Lease Expiration 11/01/2040
- Remaining Term 14.8 years
- Net Rentable (SqFt) 2,492
- Cap Rate 4.75%
- NOI $188,000
- Zoning B-4, General Business (arterial)
- Parking (spaces) 26
- Rent Bumps 10% Every 5 Years
- Lease Options 4 (5-Year)
- Ownership Fee Simple
