17971 Dale Mabry hwy - Fast Food FOR SALE
Lutz, FL 33548 |
17971 Dale Mabry hwy
Lutz, FL 33548
HIGHLIGHTS
- The lease is corporately guaranteed by Chipotle Mexican Grill, Inc., a publicly traded (NYSE: CMG)
- Chipotle is one of the fastest growing fast-casual chains in the country, opening a record 304 new locations in 2024
- Chipotle recently signed a rare 20-year lease with four, 5-year options to extend, demonstrating their long-term commitment to the site
- Lease includes +10% rental increases every 5 years throughout the initial term and at the beginning of each option period
- The lease structure is Absolute NNN, providing owners with a long-term, ideal, management-free investment in a state with no income tax
- The asset is located on N Dale Mabry Hwy, the primary north-south retail thoroughfare in Tampa, FL with an AADT of 53,500
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Chipotle
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
2493
STORIES
1
YEAR BUILT
2025
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
014521-0585
