Colleyville, TX 76034

Chipotle Ground Lease

Property Address

4609 Colleyville Boulevard, Colleyville, TX, USA

Offering Summary

  • Price: $3,700,000
  • Lot Size: .42 Acres
  • Cap Rate: 4.0%
  • Year Built: 2018
  • Building SF: 2,436
  • Status: Available
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  • 12 Years Remaining on Absolute Triple-Net (NNN) Corporate Ground Lease
  • Rent Increase in 2+ Years Brings Return Over the First 5 Years of the Lease Equal to 4.24%
  • 10% Rental Increases Every 5 Years
  • 270,358 Residents within a 5-Mile Radius - Growing Colleyville Trade Area in the Dallas- Fort Worth MSA
  • Outparcel to Whole Foods Shopping Center
  • Affluent Trade Area - Average Household Income Exceeds $187,000 within 1 Mile
  • Close Proximity to Sprouts Farmers Market, Lowe’s, Walmart Neighborhood Market, Lifetime Fitness, and More
  • Signalized Hard Corner - Visible to Nearly 35,000 Cars/Day at Intersection

Broker Information