760 E Altamonte Dr - Fast Food FOR SALE


Altamonte Springs, FL 32701
$4,941,000 USD
407-808-1657
760 E Altamonte Dr, Altamonte Springs, FL for Sale
$4,941,000 USD
Fast Food - FOR SALE
1/9
null | 4.25% Cap Rate

760 E Altamonte Dr
Altamonte Springs, FL 32701


HIGHLIGHTS

  • • New 18-year NNN lease with Chipotlane drive thru. Chipotle's 2024 revenue was $11.3 Billion
  • • Located in a super-regional trade area in proximity to Interstate 4 and US 17-92
  • • Fixed 10% rent increases every 5 years including options
  • • Part of Shoppes at Altamonte, an infill redevelopment with a stellar line up of highly sought after national retail tenants
  • • Surrounded and supported by over 91,000 residents and over 82,000 daytime employees within 3 miles
  • • Above average household incomes in excess of $108,000 within 3 miles

OVERVIEW

CBRE’s Net Lease Property Group is pleased to present the opportunity to acquire a newly constructed, single tenant Chipotle located within one of Central Florida’s most established retail corridors. The asset is situated in The Shoppes at Altamonte, a high-quality infill redevelopment featuring a strong lineup of national tenants including Raising Cane’s, Panera Bread, Starbucks, and First Watch—all open and operating. The property benefits from its location along East Altamonte Drive (SR 436), a primary commercial artery with significant daily traffic counts and strong retail demand. Positioned within a dense, high-income trade area just north of Orlando, the site draws consistent consumer traffic throughout the day, supported by surrounding retail, residential, and employment drivers. The Chipotle is equipped with a Chipotlane® drive-thru, enhancing throughput, convenience, and long-term tenant performance. This format has become a key driver of sales for the brand and reinforces the asset’s long-term viability.

FOR SALE DETAILS

PRICE

$4,941,000 USD

PRICE/SF

$1,982 USD /SF

CAP RATE

4.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle, Shoppes at Altamonte

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-G

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ray RomanoCBRE, Inc.More Info
407-808-1657

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Ray RomanoCBRE, Inc.More Info
407-808-1657

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