Chipotle Drive-Through
1175 S Pinellas Ave, Tarpon Springs, FL 34689
For Sale
New
$4,782,000
A corporate-guaranteed absolute NNN lease assigns real estate taxes, insurance, and utilities to the tenant.
Property SizeContact for details
Days on Market2
Property Features for 1175 S Pinellas Ave
General Information
Standard status
Property subtype
Site & Location
Drive-Thru
Traffic Count
Highway Access
Road Access
Additional Details
Tenant in Place
Listed By:
Justin Latone
(770) 955-2434
Source:
Tscg
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 9 at 2:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Justin Latone
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Investment Insights
Based on property information with market context.
The newly built, freestanding Chipotle includes a Chipotlane drive-through. The corporate-guaranteed absolute NNN lease has a 15-year primary term and four 5-year extension options; the tenant covers real estate taxes, insurance, and utilities, with no landlord obligations stated in the lease description.
The property fronts S. Pinellas Ave, with 13,900 VPD, and is 1 mile from US-19, which carries 80,500 VPD. It is adjacent to Aldi-anchored Meres Town Center, serves as an outparcel to the 236-unit Icaria on Pinellas apartments, and sits next to AdventHealth North Pinellas, a 168-bed hospital.
Within 1 mile are 10,782 residents and 5,221 households. Shoppes at Tarpon Springs and Tarpon Square are each less than 5 minutes away; the listed nearby retailers include Publix, T.J. Maxx, Walmart Supercenter, Bealls, and Staples.
The property fronts S. Pinellas Ave, with 13,900 VPD, and is 1 mile from US-19, which carries 80,500 VPD. It is adjacent to Aldi-anchored Meres Town Center, serves as an outparcel to the 236-unit Icaria on Pinellas apartments, and sits next to AdventHealth North Pinellas, a 168-bed hospital.
Within 1 mile are 10,782 residents and 5,221 households. Shoppes at Tarpon Springs and Tarpon Square are each less than 5 minutes away; the listed nearby retailers include Publix, T.J. Maxx, Walmart Supercenter, Bealls, and Staples.
Key Highlights
- Newly constructed freestanding Chipotle with Chipotlane drive‑through
- Corporate‑guaranteed absolute NNN lease; tenant covers taxes, insurance, and utilities
- 15‑year primary lease term with four 5‑year extension options
Property Analytics
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Current Use
Lease Details
13,900 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
807
Businesses Nearby
47k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 48%
Home Improvements & Furnishings 24%
Dining 22%
Shops & Services 7%
Winn-Dixie
Groceries
22,556 visits/mo
0.1 miles
Dunkin' Donuts
Dining
9,519 visits/mo
0.1 miles
Vision Ace Hardware
Home Improvements & Furnishings
7,423 visits/mo
0.2 miles
Leslie's Pool Supplies
Home Improvements & Furnishings
3,950 visits/mo
0.1 miles
Shell
Shops & Services
3,139 visits/mo
0.2 miles
Demographics for 34689, FL
27,436
Population
14,193
Households
1.9
Avg Household Size
53
Median Age
32%
College-Educated
93%
High-School Grad
10.6 sq mi
ZIP Area
2,588
Density / Sq Mi
$66,523
Median Household Income
$45,294
Median Earnings
$1,207
Median Rent
$311,500
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - A corporate-guaranteed absolute NNN lease assigns real estate taxes, insurance, and utilities to the tenant.
Where is this drive through restaurant located?
The property is located at 1175 S Pinellas Ave Tarpon Springs, FL.
What is the asking price?
The asking price for this property is $4,782,000.
What are key features of this property?
This property features: Newly constructed freestanding Chipotle with Chipotlane drive‑through; Corporate‑guaranteed absolute NNN lease; tenant covers taxes, insurance, and utilities; 15‑year primary lease term with four 5‑year extension options
