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    Chipotle NNN Investment Opportunity Title is generated by Realmo AI

    17951 N Dale Mabry Hwy, Lutz, FL

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    Long-term NNN lease with corporate guaranteed Chipotle.

    Type:RETAIL
    Property size:
    2,493 SF
    Lot size:
    1.23 Acres
    Price / SF:
    $2,033/SF
    Added:
    Oct 22, 2025
    Days on Market:
    233
    Last Refresh:
    May 20 at 8:35 pm

    Property Features for 17951 N Dale Mabry Hwy

    General Information

    Standard status
    Active
    Size
    2,493 SF
    Lot size
    1.23 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Ari Ravi
    Ari Ravi

    Listing agent Ari Ravi

    Listing office RIPCO Real Estate | Tampa

    Listing date Oct 22, 2025

    Source Moodyscre

    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 RIPCO Real Estate | Tampa

    HighLights

    • Corporately guaranteed lease by Chipotle Mexican Grill, Inc. (NYSE: CMG), a nationally recognized tenant.
    • Rare 20‑year lease with four, 5‑year options to extend, demonstrating long‑term commitment.
    • Absolute NNN lease structure provides a management‑free investment in a state with no income tax.
    • +10% rental increases every 5 years throughout the initial term and option periods, growing NOI and hedging against inflation.
    • Located on N Dale Mabry Hwy, a primary retail thoroughfare in Tampa, FL, with an AADT of 53,500.
    • Chipotle is a fast‑growing chain, opening a record 304 new locations in 2024.

    Overview

    This property features a corporately guaranteed lease by Chipotle Mexican Grill, Inc., a publicly traded company with over 3,700 locations. Chipotle is experiencing rapid growth as one of the fastest-growing fast-casual chains in the country, opening a record 304 new locations in 2024, with over 80% including a drive-thru "Chipotlane" for digital order pickups. Chipotle recently signed a 20-year lease with four 5-year options to extend, demonstrating a long-term commitment to the location. The lease includes 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease structure is Absolute NNN, providing a management-free investment in a state with no income tax. The asset is situated on N Dale Mabry Hwy, a primary north-south retail thoroughfare in Tampa, FL, with an AADT of 53,500. The property size is 2,493 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wendy's Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lutz
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.5016
    Latitude
    28.1307

    FAQs

    What type of property is this?
    Drive through restaurant - Long-term NNN lease with corporate guaranteed Chipotle.
    Where is this drive through restaurant located?
    The property is located at 17951 N Dale Mabry Hwy Lutz, FL.
    What is the asking price?
    The asking price for this property is $5,069,767.
    What are key features of this property?
    This property features: Corporately guaranteed lease by Chipotle Mexican Grill, Inc. (NYSE: CMG), a nationally recognized tenant.; Rare 20‑year lease with four, 5‑year options to extend, demonstrating long‑term commitment.; Absolute NNN lease structure provides a management‑free investment in a state with no income tax.
    (813) 921-5640 Call to check price and availability
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