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32638136
32638131

3407 Canyon Bluff Boulevard, Dallas, TX 75211 For Sale

AM
TX 0606255, CA 01391653
Marcus & Millichap - San Diego
DK
CA 01878012
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego
$3,667,000
64 days on market
Updated 37 days ago

CHIPOTLE MEXICAN GRILL W/ DRIVE THRU | 15 YEAR NNN LEASE

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 2,325
Cap Rate 4.5%
NOI $165,000
Tenancy Single
Brand/Tenant Chipotle
Lease Type NNN
Lease Expiration 07/30/2041
Remaining Term 15
Rent Bumps Yes
Class A
Year Built 2026
Acreage 0.810
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No

Prime West Dallas Infill Location | Brand New 2026 Construction

Marketing description

PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:

https://themansourgroup.com/properties/310692/chiptole-mexican-grill-wdrive-thru

Investment highlights

  • 15 Year NNN Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 High Quality Construction featuring a Drive Thru Pick-Up Lane.
  • Chipotle is one of the Largest Mexican Restaurant Chains in the U.S. in terms of Sales and Number of Locations, w/ an Annual Revenue in Excess of $11.92B & Total Net Worth of more than $2.83B.
  • Prime West Dallas Infill Location - Densely Populated and Affluent Area: features an Average Household Income of more than $95k and over 298k People Residing within a 5-Mile Radius.
  • Within 211-Acre Canyon in Oak Cliff Mixed Use Development featuring Multifamily, Retail, and Hospitality Components Driving Significant New Density and Long Term Area Growth.
  • Strong Traffic Exposure with over 156k Vehicles per Day Along Interstate 30 and Approximately 27k Vehicles per Day Along Westmoreland Road Supporting Exceptional Visibility.
  • Strategically Located just off Interstate 30 and Loop 12 Providing Immediate Connectivity to Downtown Dallas, Grand Prairie, and Key Employment Corridors throughout the Dallas Fort Worth Metroplex.
  • Benefiting from Planned Multifamily within the Canyon Development Adding Hundreds of New Residential Units Expanding the Immediate Consumer Base and Increasing Daily Traffic to the Corridor.
  • Strong Daytime Population Supported by Nearby Industrial and Logistics Corridors Along Interstate 30 and Loop 12 Driving Consistent Weekday Traffic and Supporting Food and Service Uses. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Listing Contacts

AM
TX 0606255, CA 01391653
Marcus & Millichap - San Diego
DK
CA 01878012
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego

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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

0
DSCR
4.5%
Cap Rate
4.5%
ROI

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