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    914 Van Ave Daphne, AL 36526

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    For Sale
    Contact for pricing

    New construction Chipotle restaurant with a corporate-backed 15-year lease.

    Property size:
    2,500 SF
    Lot size:
    0.66 Acres

    Property Features for 914 Van Ave

    General Information

    Size
    2,500 SF
    Lot size
    0.66 Acres

    Source: SRS Real Estate Partners | Fort Lauderdale Agent Patrick Nutt

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

    Overview

    New Chipotle Restaurant For Sale

    This property features a newly constructed restaurant, completed in 2024, and designed with high-quality materials, distinct design elements, and high-level finishes. The property is currently leased to Chipotle, under a 15-year lease agreement that includes four 5-year options for extension. The lease is corporate guaranteed by Chipotle Mexican Grill, Inc., a publicly traded company (NYSE: CMG) with over 3,500 locations nationwide. The lease agreement includes 10% rental increases at the beginning of each option period. The property is suitable for drive-through restaurants and other retail purposes. The building has a size of 2500 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Chipotle Mexican Grill Mexican Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Daphne
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8988444
    Latitude
    30.5974254

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    FAQs

    What type of property is this?
    Drive through restaurant - New construction Chipotle restaurant with a corporate-backed 15-year lease.
    Where is this drive through restaurant located?
    The property is located at 914 Van Ave Daphne, AL.
    What are key features of this property?
    This property features: - 15-year lease with Chipotle, a nationally recognized tenant; - Corporate guarantee from Chipotle Mexican Grill, Inc. (NYSE: CMG); - Brand new 2024 construction with high-quality materials, distinct design, and high-level finishes
    (954) 703-3600
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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
    914 Van Ave Daphne, AL 36526
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