Chipotle NNN Property For Sale — Miami, FL
5390 Biscayne Blvd, Miami, FL 33137
This recently renovated Chipotle Mexican Grill offers investors a long-term, reliable income stream with a 15-year absolute net lease, including 10% rent increases every five years. The property, featuring a 2,989 SF building on a 0.77-acre parcel, underwent a complete renovation in 2025 to meet Chipotle's latest prototype standards, enhancing its curb appeal and operational efficiency. Strategically located on Biscayne Blvd, a major commercial corridor in Miami with over 65,000 vehicles per day, the site benefits from outstanding visibility and accessibility. The surrounding area is densely populated, with over 181,000 residents within 3 miles and 582,000 within 5 miles, supported by affluent demographics with average household incomes exceeding $80,000. This prime location is just north…
- Address: 5390 Biscayne Blvd, Miami, FL 33137
- Asking price $5.32M
- 3.85% cap rate
- NOI $205,000
- 13.3 years remaining
- NNN lease
- Year built: 2025
- Building size: 2,989 SF
- Lot size: 0.77 acres
- Lease expiration: Dec 31, 2039
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Location
This Chipotle property is at 5390 Biscayne Blvd in Miami, Florida.
Asset type: Restaurant