Indiana Investor Acquires Chipotle Property At 7100 Park Boulevard In Pinellas Park For $4.9M
7100 Park Boulevard
$4,900,000
$1,965/SF
Building Size
2,493 SF
Asset Type
Retail
Closing
Oct 29, 2026
About this deal
AI
The property asset, located at 7100 Park Boulevard in Pinellas Park, Florida, is a retail establishment leased to Chipotle. The sale was finalized for $4,900,000, covering a total square footage of 2,493 and situated on 0.75 acres.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,900,000
- Square Footage: 2,493
- Price Per Square Foot: $1,966
- Address: 7100 Park Boulevard
- Market: Pinellas Park, FL
- Seller: Clover Investment Properties
- Brokers: Dominic Sulo & Ryan Nee - Marcus & Millichap
This transaction involved an Indiana investor who acquired the property through a 1031 exchange. The retail space is occupied under a 15-year corporate-backed triple-net lease.
On the Map
$4,900,000
$1,965/SF
Retail
View full map
Players
Pinellas Park Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Ryan Nee to view all their deals.
Browse Pinellas Park retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93