Gulf Breeze, FL Chipotle

Property Highlights

• Trophy “Chipotlane” drive-thru at signalized corner location across from Publix with 55,000 cars per day
• Strategic location across from major traffic generators Publix, Gulf Breeze High School (1,800 students) and Gulf Breeze Middle School (880 students)
• 15-Year NNN lease with roof warranty provides passive ownership and stable cash flow
• Chipotle is one of the World’s most favored fast-casual restaurants with over 3,200 restaurants and $8.6 billion in revenue
• Fixed 10% rent increases provide income growth and hedge against inflation
• Fee simple ownership allows for depreciation boosting after tax returns
• High-profile free-standing building with excellent underlying real estate fundamentals and full access from signalized intersection
• Over 7 million tourists visit the Emerald Coast every year largely via US Highway 98 (Gulf Breeze Pkwy.) which connects Alabama and Pensacola to the Coast
• Florida has no state income tax and in 2022 ranked as the fastest growing state in the US with nearly 10,000 people moving to the Sunshine State every week