WMG Development sells net-leased Chipotle in Ocala for $3.5M ($1,385psf) to private investor

  • 7/23/2024

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SRS Real Estate Partners has brokered the $3.5 million sale of a newly delivered restaurant property located at 4916 E. Silver Springs Blvd. in Ocala, a city in Central Florida. The 2,490-square-foot building was delivered last year and was triple-net leased to Chipotle Mexican Grill at the time of sale. The lease includes scheduled rent increases and extension options for Chipotle, which has a 15-year, corporate-guaranteed lease in place.

Chipotle (NYSE: CMG)
Dan Rueda | VP, Real Estate-Eastern US
WMG Development
Craig Kopko | EVP, Development

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