Chipotle & Mattress Firm | Apopka, FL - Sands Investment Group
Description
Tenant: **Chipotle & Mattress Firm | Apopka, FL**
Premises: **6,500 SF**
Renewal Options: **Varies** Lease Expiration: **Varies**
Lease Type: **NNN**
Rental Increases: **Varies**
Sands Investment Group is Pleased to Present Exclusively For Sale the Chipotle and Mattress Firm Strip Center NNN Asset Located at 2205 East Semoran Boulevard in Apopka, Florida. This Deal Includes Two High Quality Tenants That Recently Exercised Lease Extensions Highlighting Their Commitment at This Location, Providing For a Secure Investment.
Tenants Recently Exercised Lease Extensions Highlighting Their Commitment and Success at This Location
Chipotle is the Premier Brand and Market Leader in the Fast-Casual Industry in the United States With Over 2,800 Locations
Chipotles Revenue in the First Quarter of 2021 Was $1.7 Billion, an Increase of 23.4% Compared to the First Quarter of 2020; Chipotle Sales Expected to Grow as Much as 30% in the Next Quarter; Chipotles Total Revenue in 2020 Was $6 Billion
Mattress Firm Has the Largest Footprint in the United States Among All Multi-Brand Mattress Retailers With 2,400+ Company-Operated Stores Across 49 States
Subject Property Sits at the Entrance of Wekiva Riverwalk, a 242,000 SF Shopping Center Featuring Ross, Petco, Bed Bath & Beyond, Regal Cinemas and More
Positioned Along Areas Major Retail & Traffic Corridor Features Easy Access and Excellent Visibility to Intersection With Over 83,000 VPD
Apopka, FL Has a Projected 5 Year Population Growth Rate of Over 7% Along With an Average Household Income of $67,346 Within a 3-Mile Radius
Apopka is Part of the Orlando-Kissimmee-Sanford MSA Which Has a Population of Over 2.4 Million Residents; It is the Third Largest Metropolitan Area in Florida and One of the Top-Ten Fastest-Growing Major Metros in the Country
Florida is an Income Tax Free State
In Cooperation With SIG RE Services, LLC Lic. # CQ
Read Additional From SIG, Specializing in Absolute Triple Net Lease Opportunities
Tenant Overview Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. Chipotle had over 2,800 restaurants as of March 31, 2021, in the United States, Canada, the United Kingdom, France and Germany and is the only restaurant company of its size that owns and operates all its restaurants. With over 97,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. Steve Ells, founder and former executive chairman, first opened Chipotle with a single restaurant in Denver, Colorado in 1993. For the past 90 years, Mattress Firm has made it easy to get a great nights sleep by providing our customers an expertly curated collection of quality mattresses from the best brands. Today, with 2,400 neighborhood stores and more than 6,000 Sleep Experts, we strive to match every customer with their perfect mattress at the perfect price. Our Sleep Experts help more than 3 million people a year find the right solution for their sleep needs. Our selection of mattresses and bedding accessories include leading brands such as Beautyrest, Nectar, Sealy, Serta, Simmons, Sleepys Stearns & Foster, Tempur-Pedic, Tuft & Needle, tulo, and Purple. We also offer customers as a go-to resource for learning how to sleep better and feel better. Committed to serving our communities, the Mattress Firm Foster Kids program, in partnership with the Ticket to Dream Foundation, joined forces with local foster care non-profit partners to help children in foster care get better sleep so they can shape a better future. **Chipotle & Mattress Firm | Apopka, FL**
2205 East Semoran Blvd - Apopka, FL 32703
$3,394,144
Cap Rate: **6.25%**
Status: **Available**