LEASE HIGHLIGHTS

• Brand New 15-Year Term – This flagship location features a fresh 15-year lease with built-in 10% rent increases every 5 years, providing long-term income growth.
• Absolute NNN Lease – Zero landlord responsibilities; tenant handles all operating expenses, including taxes, insurance, and maintenance.
• Fully Renovated 2025 Build-Out – The property will be delivered with a brand-new Chipotle prototype remodel (w Drive-Through) and brand new roof.
• Corporate Guarantee – Lease backed by Chipotle Mexican Grill, Inc. (NYSE: CMG), providing strong credit and financial stability.

PROPERTY & LOCATION HIGHLIGHTS

• Trophy Tampa Bay Asset – Located in the heart of Tampa on high-traffic West Dr. MLK Jr. Blvd (33,500+ VPD), directly across from St. Joseph’s Hospital, minutes from Raymond James Stadium (home of the Tampa Bay Buccaneers), and down the street from Jesuit High School—one of Tampa’s top private schools.
• Strong Car and Foot Traffic – Surrounded by strong daytime drivers including medical professionals, patients, office workers (±757,937 SF of office space at Tampa Bay Park), and event attendees.
• Located in a Dense, Rapidly Growing Market – The property benefits from a population of 132,652 within a 3-mile radius and 310,385 within a 5-mile radius. The surrounding submarket is experiencing steady growth at approximately 2% annually.
• Exceptional Retail Co-Tenancy – Adjacent to Starbucks with cross access at a signalized corner, and surrounded by national brands including Panera Bread, Burger King, and Checkers—enhancing visibility, accessibility, and consumer draw.