Chipotle - Rockwall (DFW), TX

DuWest Realty Investment Services has been exclusively retained to market for sale Chipotle at Shops at Quail Run in Rockwall, Texas ("The Property").​ The Property is a corporately-backed absolute NNN lease with a rare 20-year primary term.​ The building recently finalized construction and held their grand opening with a rent commencement date of March 31, 2025.​ It sits on one of the most dynamic corners (Quail Run and Hwy 205) just north of Kroger in the booming DFW submarket of Rockwall, Texas.​

Chipotle is a popular fast casual dining operator with a focus on local and organic ingredients.​ The food is made fresh daily and free of artificial flavors, colors, and preservatives.​ The company currently has 3,639 locations, and is steadily growing to include new locations in their portfolio.​ Since becoming public in 2006, Chipotle's stock, (NYSE:CMG), has climbed to $54.34 per share with a market cap of $73.64 billion.​ In 2024, Chipotle reported over $11 billon in annual revenue.​

In recent years, Rockwall has undergone substantial population and economic growth, marked by the emergence of new businesses, educational institutions, and residential developments in the area.​ One notable project is The Homestead, a new neighborhood featuring 490 homes, with availability expected starting in May 2025.​ In total, over 3,300 newly constructed homes are set to enter the Rockwall market, with an average value of $540,464.​ On the retail front, H-E-B is constructing a 131,000-square-foot store in Rockwall, slated to open in May 2025.​ Additionally, IKEA has plans to build a 109,000-square-foot store in the area, with completion anticipated by year end.​

The acquisition of this Chipotle offers investors an outstanding 20-year corporate lease, staggered 10% income increases every 5 years, and zero landlord responsibility.​ Rockwall's growth story is a testament to the overall attractiveness the DFW area continues to offer.​

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  20- Year Absolute NNN Lease

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  Freestanding QSR with cross access to adjacent retail strip

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  Brand new construction featuring drive-thru “Chipotlane”

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  Located in high growth Dallas, TX suburb, Rockwall