5396 Biscayne Blvd, Miami, FL 33137 - Chipotle - NNN

List Price
$5,324,675
PSF
Cap Rate
3.85%
PPSF
Lot Size
Key Highlights
CORPORATE GUARANTEE: Backed By Chipotle Mexican Grill - $9B+ Annual Revenue
NEW LONG-TERM LEASE: 15-Year NNN Lease W/(3) 5-Year Options - 10% Rent Increases Every 5 Years
COMPLETE RE-BUILD: Former QSR Location Transformed to Chipotle W/ Chipotlane Drive Thru
EXCELLENT VISIBILITY & ACCESS: 2 Ingress/Egress Points W/ 90 Linear Ft of Frontage on Biscayne Blvd (US-1) W/ 65,000+ VPD
DENSELY POPULATED - AFFLUENT AREA: 582,000+ Residents Within 5 MI - AHHI Of $80,000+
IN HEART OF MIAMI - Near Miami Design District, Wynwood, Midtown, & Edgewater — All High-Growth Urban Core Markets
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Jonathan De La Rosa
Senior Managing Director Investments
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