$4,670,588 USD
813-488-0853
2708 W Dr Martin Luther King Jr Blvd
Tampa, FL 33607
Stadium Area
HIGHLIGHTS
- Brand New 15-Year Term – This flagship location features a fresh 15-year lease with built-in 10% rent increases every 5 years, providing long-term.
- Absolute NNN Lease – Zero landlord responsibilities; tenant handles all operating expenses, including taxes, insurance, and maintenance.
- Fully Renovated 2025 Build-Out – The property will be delivered with a brand-new Chipotle prototype remodel (w Drive-Through) and brand new roof.
- Corporate Guarantee – Lease backed by Chipotle Mexican Grill, Inc. (NYSE: CMG), providing strong credit and financial stability.
- Trophy Tampa Bay Asset – Located in the heart of Tampa on high-traffic West Dr. MLK Jr. Blvd (33,500+ VPD), directly across from St. Joseph’s Hospital
- Strong Car and Foot Traffic – Surrounded by strong daytime drivers including medical professionals, patients, office workers (±757,937 SF of office.
FOR SALE DETAILS
PRICE
$4,670,588 USD
PRICE/SF
$1,415 USD /SF
CAP RATE
4.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1983
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.9 AC
LAND SF
39,073 SF
ZONING
CG
APN/PARCEL ID
A-10-29-18-3IV-000000-00002.0
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813-488-0853
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813-488-0853
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