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1688 Main StDunedin, FL 34698
Chipotle Dunedin
Asset ClassRetail
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Overview

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Investment Highlights

NEW 15 YEAR ABS NNN LEASE WITH 10% BUMPS

  • New 15-year absolute NNN lease with 10% rent increases every 5 years
  • Former QSR retrofit with Chipotlane drive thru and heavily parked site (27 spaces)
  • 3,700+ locations with plans to grow to over 7,000 and reach $4M+ in AUV

DESIRABLE FAST-FOOD LOCATION & INFILL SITE

  • Hard signalized corner at the intersection of Main St and Sunlight Dr with 50,000 VPD
  • Strong tourism and residential crossover in Dunedin creates consistent traffic throughout the year
  • Directly across the street from LA Fitness, Ace Hardware (#1 in FL) and Publix (top 3%)
  • 1.5 miles to 120-bed Mease Dunedin Hospital and Downtown Dunedin

DUNEDIN: OCEAN ACCESSIBLE & TAMPA MSA

  • Minutes to St Pete and Clearwater Beaches - $11.2 billion in economic impact and 15.4 million visitors in 2024
  • Close proximity to Toronto Blue Jays Player Development Complex (recent $100M investment) and TD Ballpark (8,500 capacity)
  • 100,000+ population and $97,000+ AHHI within a 3-mile radius, Median Home Value of $407,172 within 5 miles
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1688 Main StDunedin, FL 34698
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Listing provided by Revere CRE