RIPCO Real Estate is pleased to offer for sale 17971 N Dale Mabry Highway, a 2,493 SF commercial property currently under construction on the eastside of N Dale Mabry
Highway in Lutz, FL. The property was recently leased to Chipotle (NYSE: CMG), the largest fast-casual chain in the country by annual sales ($11.2 billion), exceeding the
second largest by nearly double (Panda Express: $6.2 billion). Chipotle recently signed a rare 20-year lease that includes +10% rental increases every 5 years throughout
the initial term and at the beginning of each option period, growing NOI and hedging against inflation. This stretch of N Dale Mabry Highway where the property is
located has an AADT of 53,500. Within 3 miles of 17971 N Dale Mabry, there is a population of 51,252 and within 1 mile there is an average household income of $196,673.
The asset would be an attractive opportunity for investors looking for a newly constructed commercial property with no landlord responsibilities, occupied by a strong
national tenant with strong dedication to the location, and located on North Dale Mabry, Tampa’s largest retail corridor.