4920 Belle Terre Pky - Restaurant FOR SALE


Palm Coast, FL 32137- Town Center
$5,444,000 USD
980-498-3293
4920 Belle Terre Pky, Palm Coast, FL for Sale
$5,444,000 USD
Restaurant - FOR SALE
1/5
null | 4.5% Cap Rate

4920 Belle Terre Pky
Palm Coast, FL 32137
Town Center


HIGHLIGHTS

  • CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT
  • STRONG LEASE FUNDAMENTALS
  • SIGNALIZED CORNER | PUBLIX OUTPARCEL

OVERVIEW

STRONG LEASE FUNDAMENTALS • 15-year absolute NNN lease with zero landlord responsibilities • Four (4) five-year renewal options • 10% rent increases every five years • Long-term passive income backed by an investment grade tenant CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT • Chipotle Mexican Grill (NYSE: CMG) – market cap over $80B • 3,700+ locations nationwide • Aggressively expanding with 300+ new restaurants annually • Strong brand recognition and consistent same-store sales growth BOOMING REGION OF FLORIDA • The property is surrounded by several new developments and economic drivers • Promenade at Town Center, a 230,000 SF mixed-use development • 689 new homes approved across multiple developments SIGNALIZED CORNER | PUBLIX OUTPARCEL • Located at signalized corner of Belle Terre Pkwy (24K VPD) & Palm Coast Pkwy SW (12K VPD) for strong visibility and easy access • Outparcel to a top-performing Publix, ranked in Florida’s top 10% by visits NEW CONSTRUCTION WITH “CHIPOTLANE” • Built to Chipotle’s current prototype specifications • Includes “Chipotlane” drivethru, boosting digital order fulfillment and efficiency • Modern design with curbside pickup, supporting long-term relevance and strong sales RETAIL DENSE CORRIDOR • Over 1.5M SF of retail within 1 mile, with just 1.1% vacancy • Nearby national retailers: The Home Depot, Walmart Supercenter, Ollie’s Bargain Outlet, Publix, and more

FOR SALE DETAILS

PRICE

$5,444,000 USD

PRICE/SF

$2,254 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,180 SF

ZONING

-

APN/PARCEL ID

07-11-31-7025-000C1-0030

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.