Chipotle Net Lease – Belleview, FL

$3,957,900
For sale
14635 Property ID
2,492 SqFt Size

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

  • Address Belleview, FL
  • Country United States
  • Province/State
  • City/Town
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Overview

  • Property ID 14635
  • Price $3,957,900
  • Property Type ,
  • Property status
  • 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

Contact

Zena Bardawell Farah

Property Agent

+1 305-967-7200
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