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30903636
30903637

3520 Preston Rd, Celina, TX 75009

RG
CA CA: 01753933
Cushman & Wakefield - San Diego, California
Listed by Cushman & Wakefield - San Diego, California
$3,666,666
68 days on market
Updated 4 days ago

STNL Chipotle - The Crossing at Moore Farm

Details
Property Type Retail
Sub Type Restaurant
Square Footage 2,325
Units 1
Cap Rate 4.5%
NOI $165,000
Occupancy 100%
Tenancy Single
Brand/Tenant Chipotle
Lease Type Absolute NNN
Lease Term 10
Lease Expiration 09/29/2036
Remaining Term 10.3
Rent Bumps Yes
Lease Options Four 5-Year
Year Built 2026
Buildings 1
Stories 1
Acreage 1.100
Investment Type Net Lease
Lease Commencement 09/27/2026

Chipotle - The Crossing at Moore Farm | 4.50% Cap | Brand New 2026 Construction

Marketing description

Chipotle is a brand new 2026 construction single‑tenant investment opportunity at The Crossing at Moore Farm—a premier mixed-use destination positioned at the gateway to one of the fastest growing cities in North Texas. The tenant occupies 1.10 acres and is projected to open in Q4 2026. The building will feature a “Chipotlane” digital pickup lane, a high‑demand format that continues to outperform in fast‑growing suburban markets. The Crossing at Moore Farm and The Village at Ownsby Farms together form a unified +77‑acre master‑planned retail district anchored by Lowe’s and EOS, with Home Depot, Costco, Costco Gasoline and Academy Sports. The property sits immediately adjacent to Jefferson Ownsby and Prose Ownsby Farms—two new Class A multifamily communities totaling 850-units, which will serve as the residential anchor for the district, creating a cohesive mixed‑use region that will blend commerce with modern living. The offering includes a 10‑year NNN lease with four 5‑year renewal options, providing up to 30 years of potential tenancy.

Celina, TX is experiencing explosive growth, with a 314% population increase over the past decade, ranking #3 among the Top 10 Fastest Growing Cities (dallas.culturemap.com). The 5‑mile population is +78,400 with a 14.07% annual growth rate. The average household income within 1-mile radius exceeds the national average at +$175k. The property is surrounded by a dense national retail corridor featuring Target, Walmart Supercenter, Hobby Lobby, Dick’s Sporting Goods, and Kohl’s. It is also immersed within eight major master‑planned communities totaling more than 8,000 acres within a 10‑mile radius.

Watch Property Video: https://vimeo.com/1167759143

Investment highlights

  • Brand New 2026 Construction; Estimated Opening Q4 2026
  • 10-Year Initial Term with Four 5-Year Renewal Options
  • Population +78,400 in 5 Miles with 14.07% Annual Growth Rate
  • +$175,900 Avg HHI in 1 Mile Radius, Higher than the National Average
  • 314% Population Increase Over Last Decade, Ranking #3 in Top 10 Fastest Growing Cities According to dallas.culturemap.com

Listing Contacts

RG
CA CA: 01753933
Cushman & Wakefield - San Diego, California
Listed by Cushman & Wakefield - San Diego, California

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$165,000.00
$13,750.00/mo

Valuation Metrics

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DSCR
4.5%
Cap Rate
4.5%
ROI

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Additional Information

Name
Kristopher Von-Hohn
License
TX Lic 612661
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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