Chipotle NNN — Saint Augustine, FL

$4,831,778 · 4.50% CAP · 15.3 YRS

New 15-year absolute-net Chipotle at World Golf Village in Saint Augustine, corporate-guaranteed and delivered in 2026. Four 5-year options follow the base term.

Lease Abstract

Price

$4,831,778

Cap rate

4.50% CAP

NOI

$217,430

Term remaining

15.3 YRS

Lease type

Absolute NNN

Options

Four (4) 5-year options

Guarantee

Corporate

Building

2,448 SF

Lot

0.81 AC

Year built

2026

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

2,448 SF building, built 2026, 0.81 acres of land. $1,974/SF asking, $88.82/SF NOI. Renewal options: Four (4) 5-year options. Corporate guarantee. Primary term ends around 2041 (15.3 yrs left at listing, Jul 2026).

Location

Saint Augustine, Florida. Full address and offering memorandum released on request — see our Chipotle tenant guide and the Florida market page for the underwriting context.