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NNN Lease Chipotle Restaurant Investment

911 W Main St, Inverness, FL 34450

For Sale
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15-year NNN lease to Chipotle with rental increases.

Property Size2,493 SF
Price / SF$1,569
Days on Market231

Property Features for 911 W Main St

General Information

Standard status Active
Size 2,493 SF
Property subtype Retail
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $182,000

Building Details

Year Built 2023
Tenancy Single
Listing Agency: Cushman & Wakefield - Sacramento, California
Listed By: Ryan Forsyth · License CA #01716551
Source: Crexi
Added: Mar 27 Changed: Nov 4 Last Checked: Nov 12 at 6:38AM

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

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Investment Insights

Based on property information with market context.

This property features a 15-year absolute NNN lease with Chipotle, a fast-casual restaurant brand with over 4,000 locations. The lease structure ensures a fully passive investment, with the tenant responsible for all taxes, insurance, and maintenance, including the roof, structure, and parking lot. The lease includes 10% rental increases every five years during the initial term and option periods. Chipotle reported total 2025 revenue of $11.9 billion, a 5.4% year-over-year increase, driven by restaurant expansion (334 new company-owned units, with 257 locations including a Chipotlane). Chipotle's 2026 growth strategy blends rapid physical expansion, digital transformation, and operational automation.

Key Highlights

  • Absolute NNN lease to Chipotle, offering a fully passive investment.
  • 15‑year initial lease term provides long‑term stability.
  • Enjoy income growth with 10% rental increases every five years during the initial term and option periods.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Joe's Family Restaurant Restaurant Chipotle Mexican Grill Restaurant

Suggested Use

Top Pick Parking Lot & Garage Storage Facility HVAC Service Kitchen & Bath Showroom Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby

Demographics for 34450, FL

10,788
Population
6,642
Households
1.6
Avg Household Size
59
Median Age
25%
College-Educated
92%
High-School Grad
31.2 sq mi
ZIP Area
346
Density / Sq Mi
$48,955
Median Household Income
$39,409
Median Earnings
$973
Median Rent
$210,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - 15-year NNN lease to Chipotle with rental increases.
Where is this drive through restaurant located?
The property is located at 911 W Main St Inverness, FL.
What is the asking price?
The asking price for this property is $3,914,000.
What are key features of this property?
This property features: Absolute NNN lease to Chipotle, offering a fully passive investment.; 15‑year initial lease term provides long‑term stability.; Enjoy income growth with 10% rental increases every five years during the initial term and option periods.
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