Chipotle Absolute NNN
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For Sale
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900 Pasadena Avenue S, South Pasadena, FL 33707
New-construction restaurant property with a dedicated Chipotlane and corporate-backed lease structure.
Property Size2,500 SF
Price / SF$1,911
Days on Market7
Property Features for 900 Pasadena Avenue S
General Information
Standard status
Active
Size
2,500 SF
Total Parking Spaces
28
Property subtype
Retail
Zoning
Commercial General
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$215,000
Site & Location
Drive-Thru
Yes
Traffic Count
28,000 vehicles/day
Building Details
Year Built
2026
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Tampa
Listed By:
William Wamble · License #SL3257920
(813) 371-1079
Source:
Crexi
Added: Aug 27
Changed: Sep 1
Last Checked: Sep 1 at 10:11PM
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 SRS Real Estate Partners Tampa
Investment Insights
Based on property information with market context.
This 2,500-square-foot Chipotle property is identified with a 2026 build year and includes the brand’s latest prototype, along with a dedicated Chipotlane for digital order pickup. The tenant has signed a 15-year lease with four five-year extension options, and the obligation is corporate guaranteed by Chipotle Mexican Grill, Inc. An Absolute NNN structure assigns CAM, taxes, insurance, and premises maintenance to the tenant, with no landlord responsibilities. The property is zoned Commercial General.
Located on Pasadena Avenue S, the site benefits from reported traffic of more than 28,000 vehicles per day along a major north/south thoroughfare serving St. Petersburg. Nearby demand drivers include HCA Florida Pasadena Hospital, a 307-bed facility; St. Petersburg College, serving more than 13,000 students annually; St. Petersburg High School, with approximately 1,700 students; and Boca Ciega High School, with approximately 1,000 students.
Located on Pasadena Avenue S, the site benefits from reported traffic of more than 28,000 vehicles per day along a major north/south thoroughfare serving St. Petersburg. Nearby demand drivers include HCA Florida Pasadena Hospital, a 307-bed facility; St. Petersburg College, serving more than 13,000 students annually; St. Petersburg High School, with approximately 1,700 students; and Boca Ciega High School, with approximately 1,000 students.
Key Highlights
- 2,500‑square‑foot Chipotle restaurant with a 2026 build year
- 15‑year lease with four five‑year extension options
- Absolute NNN structure covers CAM, taxes, insurance, and premises maintenance
Property Analytics
Property Profile
Current Use
Lease Details
28,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
910
Businesses Nearby
156k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 53%
Shops & Services 21%
Dining 15%
Apparel 8%
Publix
Groceries
40,477 visits/mo
0.1 miles
Walmart Neighborhood Market
Groceries
26,810 visits/mo
0.3 miles
Winn-Dixie
Groceries
14,430 visits/mo
0.1 miles
Bealls
Apparel
11,815 visits/mo
0.2 miles
Dollar Tree
Shops & Services
8,750 visits/mo
0.2 miles
Demographics for 33707, FL
24,646
Population
16,579
Households
1.5
Avg Household Size
58
Median Age
40%
College-Educated
95%
High-School Grad
5.3 sq mi
ZIP Area
4,650
Density / Sq Mi
$68,560
Median Household Income
$45,513
Median Earnings
$1,512
Median Rent
$344,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - New-construction restaurant property with a dedicated Chipotlane and corporate-backed lease structure.
Where is this nnn property located?
The property is located at 900 Pasadena Avenue S South Pasadena, FL.
What is the asking price?
The asking price for this property is $4,778,000.
What are key features of this property?
This property features: 2,500‑square‑foot Chipotle restaurant with a 2026 build year; 15‑year lease with four five‑year extension options; Absolute NNN structure covers CAM, taxes, insurance, and premises maintenance
