Newly Renovated Chipotle on
For Sale
Contact for pricing
5396 Biscayne Blvd, Miami, FL 33137
Net leased Chipotle with long-term income and rent increases.
Property Size2,989 SF
Lot Size0.77 Acres
Price / SF$1,781
Days on Market184
Property Features for 5396 Biscayne Blvd
General Information
Standard status
Active
Size
2,989 SF
Lot size
0.77 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$205,000
Building Details
Year Renovated
2025
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap
(786) 522-7009
Listed By:
Jonathan De La Rosa · License #SL3639184
Source:
Crexi
Added: Feb 10
Changed: Aug 8
Last Checked: Aug 11 at 6:42AM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
This net-leased investment opportunity features a newly renovated, corporate-guaranteed Chipotle Mexican Grill, located on Biscayne Blvd in Miami, Florida. The property is subject to a 15-year triple-net (NNN) lease with options to extend for three (3) five-year periods, and includes 10% rent increases every five years. The building, which has undergone complete renovation and conversion to a Chipotle in 2025, occupies a 0.77-acre parcel. The building size is 2,989 SF. The lease is guaranteed by Chipotle Mexican Grill, Inc., an A-rated, Fortune 500 company operating over 3,400 locations nationwide. The property benefits from high visibility, with over 65,000 vehicles per day on Biscayne Blvd. The surrounding area is densely populated, with over 181,000 residents within 3 miles and over 582,000 within 5 miles, supported by household incomes exceeding $80,000. The site is positioned just north of Miami’s Design District and Wynwood, near high-end retail, multifamily, and mixed-use developments. Chipotle Mexican Grill, Inc. is a fast-casual restaurant brand with over 3,400 locations worldwide. Chipotle generated over $9 billion in annual revenue in 2024 and carries an investment-grade credit rating (S&P: BBB+).
Key Highlights
- Corporate‑guaranteed lease by A‑rated, Fortune 500 company, Chipotle Mexican Grill, Inc.
- 15‑year triple‑net (NNN) lease with options to extend and rent increases.
- Newly renovated in 2025 to Chipotle's new prototype standards.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,735
Businesses Nearby
Explore this area
Business Placement
Demographics for 33137, FL
25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Net leased Chipotle with long-term income and rent increases.
Where is this drive through restaurant located?
The property is located at 5396 Biscayne Blvd Miami, FL.
What is the asking price?
The asking price for this property is $5,324,675.
What are key features of this property?
This property features: Corporate‑guaranteed lease by A‑rated, Fortune 500 company, Chipotle Mexican Grill, Inc.; 15‑year triple‑net (NNN) lease with options to extend and rent increases.; Newly renovated in 2025 to Chipotle's new prototype standards.
