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Property profile & analytics
OFF-MARKET
Banks

3453 Mundy Ml Rd Flowery Branch, GA 30542-2980

3,205 SF 0.6 ac lot Built 1990
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US22-1340870
Property summary
AI-generated overview

This exceptional investment opportunity presents a newly constructed (2024), 3,221 square foot Chipotle restaurant situated on a 0.61-acre lot in Flowery Branch, Georgia. The property boasts a prime retail location off I-985 and a high-traffic corridor, benefiting from proximity to major retailers like Publix and Walmart, the University of North Georgia, and Lake Lanier. The 15-year absolute NNN lease (commencing November 1, 2024, and expiring November 30, 2039) includes a corporate guarantee from Chipotle Mexican Grill, Inc., a Fortune 500 company. The lease features 10% rent escalations every five years, ensuring consistent income growth. The current Net Operating Income (NOI) is $155,000, resulting in a 4.85% cap rate. The property's strategic location near schools and growing residential communities provides a strong customer base. The modern design includes a Chipotlane drive-thru, catering to the company's significant digital sales. This low-rent, passive income opportunity is ideal for investors seeking a long-term, secure investment with built-in growth potential. The asking price is $3,200,000. This is a 1031 exchange eligible property.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1990
Construction STEEL FRAME
Total area 3,205 SF
Lot 0.6 ac (26,136 SF)
Zoning code H-B
APN 08-046 -004-008
UPID US22-1340870
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Davidson Properties Co LLC · 1 yrs held
Davidson Properties Co LLC
since 2024
Last sale
$3.1M
2 recorded transactions
2024
$3.1M
2022
$650,000
Zoning & alternative use
H-B · Flowery Branch, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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