Pinellas Park property sells for $4.9 million

By Louis Llovio
| 2:50 p.m. October 29, 2026
| 2 Free Articles Remaining!

A just completed Chipotle Mexican Grill property in Pinellas County sold for nearly $5 million.

Tampa Bay-Lakeland

A Pinellas County property leased to Chipotle Mexican Grill has sold to an Indiana investor.

The property is at 7100 Park Blvd. in Pinellas Park at Belcher Road, just west of 66th Street. The buyer paid $4.9 million as part of a 1031 exchange.

According to Pinellas property records it was previously owned by an LLC tied to Tampa-based Clover Investment Properties, which paid $1.477 million for the then vacant land in 2025.

The 2,493-square-foot Chipotle sits on 0.75 acres across from a Publix, Sam’s Club and Lowe’s. The fast-casual chain is operating under a 15-year corporate backed triple net lease, says Marcus & Millichap, which brokered and announced the deal.

The buyer, the firm says, plans to hold the property long term for cash flow.

Marcus & Millichap’s Dominic Sulo and Ryan Nee found the buyer.

author

Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.