Riverview, FL - Chipotle
$3,666,000
10393 Big Bend Road, Riverview, FL 33578
4.25
Cap Rate
155,813
NOI
Details:
Description:
• Chipotle recently signed a rare 20-year lease with 3 (5-year) options to extend
• The lease is corporate guaranteed by Chipotle Mexican Grill, Inc., a publicly traded
(NYSE: CMG) and nationally recognized tenant with over 3,700 locations
• 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• Off signalized, hard corner intersection of 301 and Big Bend Rd averaging a combined 89,500 VPD
• Just East off I-75 (147,000 VPD), allowing users to benefit from direct on/off ramp access to the site and surrounding trade areas
• Part of a larger shopping center anchored by Walmart Neighborhood Market & Sam’s Club that features other retailer such as Firestone, Chase Bank, Burger King, Walgreens, and more
• Sam’s Club ranks in the 73rd percentile (148 out of 563) of all nationwide locations via Placer.ai
• Walmart ranks in the 75th percentile (165 out of 677) of all nationwide locations via Placer.ai
• Adjacent to Summerfield Crossings, a Publix-anchored shopping center that ranks in the 99th percentile (79 out of 11,326) of all nationwide neighborhood centers via Placer.ai
Location

Gallery









