Chipotle NNN Property For Sale — Jacksonville, FL
9395 Atlantic Boulevard, Jacksonville, FL 32225
This Chipotle investment property presents a prime opportunity for investors. It features a corporate lease with a credit tenant, offering ease of management with minimal landlord responsibilities. The property benefits from a NNN lease structure and includes attractive rent increases. Situated in a high-traffic location, it boasts strong demographics with over 219,000 people within a five-mile radius.
- Address: 9395 Atlantic Boulevard, Jacksonville, FL 32225
- Asking price $2.88M
- 5.00% cap rate
- NOI $144,000
- 2.4 years remaining
- NNN lease
- Year built: 2017
- Building size: 2,271 SF
- Lot size: 0.75 acres
- Lease expiration: Jan 31, 2029
- Rent increases: January 2024
- Guarantor: Corporate
Location
This Chipotle property is at 9395 Atlantic Boulevard in Jacksonville, Florida.
Asset type: Retail - Free Standing