NNN Chipotle Retail
7100 Park Blvd Pinellas Park, FL 33781
7100 Park Blvd, Pinellas Park, FL, 33781
$5,000,000
For Sale
$5,000,000
Corporate-guaranteed Chipotle location with long-term NNN lease featuring scheduled 10% rent increases every five years.
Days on Market49
Property Features for 7100 Park Blvd
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Properties For Sale
at 7100 Park Blvd Contact us
Listing Agency
(703) 434-2599
Listed by
Patrick Nutt · License #FL SL3257920
(703) 434-2599
Source
Srsre
Added: Jun 1 Checked: Jul 17 at 4:24 am
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 Patrick Nutt
Investment Insights
Based on property information with market context.
This NNN retail restaurant asset features a newly executed lease by Chipotle, with a 15-year initial term and four (4) additional five-year options to extend. The lease includes rent escalations of 10% every five years throughout the initial term and at the beginning of each option period, supporting predictable income growth over time.
The property is located at 7100 Park Blvd in Pinellas Park, Florida. It is presented for sale as an investment opportunity supported by a strong operator profile and a corporate guarantee from the tenant.
Chipotle Mexican Grill, Inc., a publicly traded company (NYSE: CMG) with over 4,000 locations, provides a corporate guarantee under the lease. This structure can be particularly attractive to investors seeking a single-tenant NNN arrangement backed by a nationally recognized, investment-grade credit profile, along with defined renewal opportunities through the option periods.
The property is located at 7100 Park Blvd in Pinellas Park, Florida. It is presented for sale as an investment opportunity supported by a strong operator profile and a corporate guarantee from the tenant.
Chipotle Mexican Grill, Inc., a publicly traded company (NYSE: CMG) with over 4,000 locations, provides a corporate guarantee under the lease. This structure can be particularly attractive to investors seeking a single-tenant NNN arrangement backed by a nationally recognized, investment-grade credit profile, along with defined renewal opportunities through the option periods.
Key Highlights
- Chipotle signed a new 15‑year lease with 4 (5‑year) extension options.
- Lease is corporate guaranteed by Chipotle Mexican Grill, Inc. (NYSE: CMG).
- Scheduled 10% rental increases every 5 years during the initial term and at the start of each option period.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Corporate-guaranteed Chipotle location with long-term NNN lease featuring scheduled 10% rent increases every five years.
Where is this conventional restaurant located?
The property is located at 7100 Park Blvd Pinellas Park, FL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Chipotle signed a new 15‑year lease with 4 (5‑year) extension options.; Lease is corporate guaranteed by Chipotle Mexican Grill, Inc. (NYSE: CMG).; Scheduled 10% rental increases every 5 years during the initial term and at the start of each option period.
