Clearwater, FL - Chipotle

Description:

• Brand new 15-year lease with options to extend
• The lease features 10% rental increases every 5 years
• 2026 remodel of an old Wendy’s building
• The billboard generates an additional $25,000/Yr through August 27, 2044

• Located at the signalized, hard corner intersection of Ulmerton Rd and 34th St averaging 53,800 VPD
• Chipotle is positioned just off the Interstate 275 (174,000 VPD)
• National credit tenants in the immediate trade area include Chick-fil-A, Taco Bell, Dunkin’, The UPS Store and many others
• The Chick-fil-A across the street ranks in the 92nd percentile (7,180 out of 150,986) of all nationwide Fast Food & QSR locations via Placer.ai
• There are several hotels in the immediate trade area, including a Hilton, Marriott, Homewood Suites, Holiday Inn and more
• St. Pete-Clearwater International Airport is positioned less than 1 mile from the subject property

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Listing ID: a28TP000002YSlWYAW