1688 Main St - Fast Food FOR SALE


Dunedin, FL 34698- Downtown Dunedin
$4,773,000 USD
404-934-5558
1688 Main St, Dunedin, FL for Sale
$4,773,000 USD
Fast Food - FOR SALE
1/6
null | 4.4% Cap Rate

1688 Main St
Dunedin, FL 34698
Downtown Dunedin


HIGHLIGHTS

  • New 15-year absolute NNN lease with 10% bumps every 5 years
  • Hard signalized corner (50,000 VPD) directly across LA Fitness, Ace Hardware (#1 in FL) and Publix (top 97% in US)
  • 1.5 miles east of 120-bed Mease Dunedin Hospital and Downtown Dunedin
  • 1 mile south of Toronto Blue Jays Player Development Complex (recent $100M+ investment) and 2 miles northeast of TD Ballpark (8,500 capacity)
  • 233,000+ population and $101,000+ average household income within a 5-mile radius
  • Wide trade area with close proximity to Tampa, St Pete and Clearwater

OVERVIEW

TSCG is pleased to offer for sale a new 15-year absolute NNN Chipotle in Dunedin (Tampa MSA), FL. The Property is strategically located at the signalized intersection of Main St and Achieva Way (50,000 VPD), less than two miles to Downtown Dunedin and US Hwy 19. Chipotle is directly across LA Fitness, Publix (top 97% in US) and Ace Hardware (#1 in FL) with close proximity to Courtyard at Countryside, Countryside Mall, Countryside Centre, BJ’s and Lowe’s. The city of Dunedin is a thriving community near Tampa and St Pete. It is home to a vibrant downtown, Mease Dunedin Hospital (120 beds), stable school system and Toronto Blue Jays TD Ballpark/Player Development Complex. Residents are drawn to Dunedin for its proximity to Honeymoon Island State Park, Caladesi Island State Park and Clearwater Beach. The Pinellas Trail runs right through the heart of Downtown Dunedin further boosting connectivity to various cities in the region. Within three miles from Chipotle, the population exceeds 100,000 and the AHHI is nearly $98,000.

FOR SALE DETAILS

PRICE

$4,773,000 USD

PRICE/SF

$2,138 USD /SF

CAP RATE

4.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New 15-Year Chipotle | Tampa MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

-

APN/PARCEL ID

25-28-15-00000-230-0710

ASK ABOUT THIS PROPERTY

404-934-5558

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404-934-5558

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