NNN Lease Chipotle
For Sale
Contact for pricing
7952 Normandy Blvd, Jacksonville, FL 32221
New 15-year NNN lease to Chipotle.
Property Size2,500 SF
Price / SF$1,680
Days on Market148
Property Features for 7952 Normandy Blvd
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$210,000
Building Details
Year Built
2025
Tenancy
Single
Listing Agency:
Cushman & Wakefield - Sacramento, California
Listed By:
Vincent Aicale · License #CA 01728696
Source:
Crexi
Added: Mar 27
Changed: Aug 20
Last Checked: Aug 20 at 12:47PM
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 Cushman & Wakefield - Sacramento, California
Investment Insights
Based on property information with market context.
The property is subject to a new 15-year absolute NNN lease with Chipotle, a globally recognized Mexican restaurant chain with over 3,800 stores worldwide. The lease includes 10% rental increases every five years in the initial term and option periods. The tenant is responsible for all taxes, insurance, and maintenance, including the roof, structure, and parking lot. Chipotle is ranked on the Fortune 500 and is recognized on the 2024 list for Fortune’s Most Admired Companies and Time Magazine’s Most Influential Companies. Chipotle experienced strong growth in 2024, including a 14.6% increase in total revenue to $11.3 billion and a 7.4% increase in comparable restaurant sales. The company plans to open 315-345 new restaurants in 2025, with over 80% featuring “Chipotlane” drive-thrus. The property contains 2,500 square feet.
Key Highlights
- New 15‑year absolute NNN lease to Chipotle.
- Tenant handles all taxes, insurance, and maintenance.
- 10% rental increases every five (5) years.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
309k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Shops & Services 35%
Groceries 25%
Home Improvements & Furnishings 1%
Publix
Groceries
48,471 visits/mo
0.5 miles
Winn-Dixie
Groceries
29,578 visits/mo
0.2 miles
Whataburger
Dining
29,274 visits/mo
0.4 miles
McDonald's
Dining
26,578 visits/mo
0.2 miles
VyStar Credit Union
Shops & Services
18,015 visits/mo
0.4 miles
Demographics for 32221, FL
30,961
Population
11,650
Households
2.7
Avg Household Size
39
Median Age
23%
College-Educated
89%
High-School Grad
47.5 sq mi
ZIP Area
652
Density / Sq Mi
$82,571
Median Household Income
$44,725
Median Earnings
$1,660
Median Rent
$244,500
Median Home Value
Market
Vacancy Rate% for Retail in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - New 15-year NNN lease to Chipotle.
Where is this drive through restaurant located?
The property is located at 7952 Normandy Blvd Jacksonville, FL.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: New 15‑year absolute NNN lease to Chipotle.; Tenant handles all taxes, insurance, and maintenance.; 10% rental increases every five (5) years.
