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    34118-34120 State Road 54 Wesley Chapel, FL 33543

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    For Sale
    $4,822,000

    Recently signed Chipotle with a 20-year lease and options.

    Property size:
    2,350 SF
    Lot size:
    0.72 Acres

    Property Features for 34118-34120 State Road 54

    General Information

    Size
    2,350 SF
    Lot size
    0.72 Acres

    Source: SRS Real Estate Partners | Tampa Agent Will Wamble

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wesley Chapel Retail Investment Opportunity

    This property is suitable for drive-through restaurants, restaurants, and retail purposes. A Chipotle restaurant recently signed a 20-year lease agreement, which includes four 5-year options for extensions. The lease is corporate guaranteed by Chipotle Mexican Grill, Inc., a publicly traded company (NYSE: CMG) with over 3,700 locations nationwide. The property features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The property size is 2,350 square feet and is located in Wesley Chapel, FL.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wesley Chapel
    County
    Pasco
    State
    Florida
    Longitude
    -82.2518333
    Latitude
    28.2183983

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    FAQs

    What type of property is this?
    Drive through restaurant - Recently signed Chipotle with a 20-year lease and options.
    Where is this drive through restaurant located?
    The property is located at 34118-34120 State Road 54 Wesley Chapel, FL.
    What is the asking price?
    The asking price for this property is $4,822,000.
    What are key features of this property?
    This property features: - 20-year lease recently signed by Chipotle with 4 (5-year) options to extend.; - Corporate guarantee from Chipotle Mexican Grill, Inc. (NYSE: CMG).; - Nationally recognized tenant with over 3,700 locations.
    (813) 371-0980
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    34118-34120 State Road 54 Wesley Chapel, FL 33543
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