2300 Burleigh BlvdEustis, FL 32726
High-ROI Chipotle in Florida
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- $4,111,111 asking price for a fee-simple, Class A, 2,497 SF Chipotle restaurant in Eustis, FL.
- Absolute NNN lease with corporate guarantee, 15-year term (11/30/2024 - 11/29/2039), including four 5-year renewal options with 10% rent increases every 5 years.
- 4.50% cap rate, $185,000 NOI, 100% occupancy.
- New construction (2024) with drive-thru ("Chipotlane"), situated on a high-traffic retail corridor (56,500 VPD) with excellent visibility and access.
- Located within a strong retail node, near Publix, Big Lots, and a major hospital (AdventHealth Waterman).
- Strong tenant (Chipotle) with a significant market cap and extensive national presence.
Property Details for 2300 Burleigh Blvd
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,497 SF
- Class
- A
- Year Built
- 2024
- Lot Size (sq. ft)
- 54,014 SF
Location Insight
- City
- Eustis
- County
- Lake
- State
- Florida
- Latitude
- 28.82154325
- Longitude
- -81.70377102
Nearby Similar for Sale
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