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Chipotle (Brand New 2026 NNN Drive-Thru) 2655 US-441 2,440 SF Retail Building Okeechobee, FL 34974 $6,001,576 CAD ($2,459.66 CAD/SF) 4.60% Cap Rate
Investment Highlights
- New construction build-to-suit Chipotle scheduled for 2026 completion with an absolute NNN lease.
- Surrounded by national retailers including Walmart, Home Depot, Publix, Starbucks, and Dunkin Donuts.
- Located on US Highway 441 within Okeechobee’s primary retail node, benefiting from heavy daily traffic.
Executive Summary
This brand-new 2026 construction features a long-term 15-year lease backed by a strong Chipotle corporate guarantee and regular rental increases.? The building represents Chipotle's latest digital-forward prototype and features a dedicated "Chipotlane" drive-thru pickup window, an elite design model designed to maximize mobile order sales and efficiency.?
Situated on a newly split parcel along US Hwy 441, the property benefits from unmatched traffic synergy directly adjacent to a brand-new Starbucks, creating a premier morning-to-night daily-needs retail hub.?
Property Facts
Amenities
- Pylon Sign
- Restaurant
- Drive Thru
About 2655 US-441 , OKEECHOBEE, FL 34974
LOCATION ?Prime US-441 Location: This property has direct ingress/egress access along US Hwy 441 median cut ensuring maximum exposure to heavy daily traffic ?Retail Synergy: Positioned directly within Okeechobee's main commercial hub and surrounded by corporate retail giants including Walmart Supercenter, Home Depot, Publix, Starbucks, Dunkin Donuts, and Aspen Dental OPPORTUNITY ?New Construction- 2,440 SF newly constructed CHIPOTLE offering an ideal investment from an industry-leading, global brand ?Chipotle's "Habanero" Prototype- This next-generation corporate model features a dedicated digital drive-thru lane, the brand's most profitable layout ?Eco-Friendly, All Electric Design- This model features high-efficiency equipment and advanced energy systems that lower long-term maintenance costs and reduces environmental impact CORPORATE GUARANTY ?Chipotle Mexican Grill (NYSE:CMG) -market cap over $40 Billion ?4,100+ locations across the United States, Canada, the United Kingdom, France, Germany, and the Middle East ?Strong brand recognition and consistent sales growth STRONG LEASE FUNDAMENTALS ?15-year absolute NNN lease with zero landlord responsibilities ?Four (4) five-year renewal options ?Long-term passive income backed by an investment grade tenant PROPERTY FEATURES ?2,440 SF drive-thru restaurant/QSR ?Excellent visibility and frontage on US Highway 441 ?Across the street from Home Depot and Wal-Mart ?Adjacent to Starbucks ?Median Cut direct access on US 441
Nearby Major Retailers
Property Taxes
| Parcel Number | R1-28-37-35-0030-00070-0010 | Improvements Assessment | $89,250 CAD |
| Land Assessment | $463,812 CAD | Total Assessment | $553,062 CAD |
Property Taxes
Presented by
Chipotle (Brand New 2026 NNN Drive-Thru) | 2655 US-441
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