Listed by Northmarq Capital, LLC, Northmarq - Tulsa
$3,781,250
Chipotle
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,336
Net Rentable (SqFt) 2,336
Cap Rate 4.8%
NOI $181,500
Tenancy Single
Brand/Tenant Chipotle
Lease Type NNN
Lease Term 15
Lease Expiration 10/31/2036
Remaining Term 10.4
Rent Bumps Yes
Lease Options Three (3) Five (5) Year Options
Price per SqFt $1,619
Year Built 2021
Buildings 1
Stories 1
Acreage 1.230
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/01/2021
Ownership Fee Simple
Corporate Guaranty | Proximity to Joint Base San Antonio | “Chipotlane” Drive-Thru
Investment highlights
Strong Corporate Guaranty | Fortune 500 Company
Located Less than 4 Miles From Joint Base San Antonio (JBSA)
Retail Corridor Anchored by South Park Mall, Target & Home Depot
Long-Term NNN Lease with 10% Rent Increases
Frontage Along SW Military Dr (42,500+ VPD) | 1 Mile From I-35 (101,200+ VPD)
227,174 Residents Within 5 Miles | $64,447 3-Mile AHHI
Income Tax Free State | America’s 7th Largest City
Listing Contacts
Listed by Northmarq Capital, LLC, Northmarq - Tulsa
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$181,500.00
$15,125.00/mo
Valuation Metrics
0
DSCR
4.8%
Cap Rate
4.8%
ROI
Map
Zoning
C-3 CommercialGeneral CommercialGeneral Commercial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 457 uses
View all 457 uses Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
