Listed by Marcus & Millichap - San Diego
$3,997,000
CHIPOTLE MEXICAN GRILL | 15 YEAR ABSOLUTE NET LEASE
Details
APN 150000154502006050
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,385
Cap Rate 4.75%
NOI $190,000
Tenancy Single
Brand/Tenant Chipotle
Lease Type Absolute NNN
Lease Expiration 12/30/2041
Remaining Term 15.5
Rent Bumps Yes
Class A
Year Built 2026
Acreage 0.810
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Dual Grocery Anchors | Part of 543-Acre Bellwood Development | $172K Avg. HHI
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310715/chipotle-mexican-grill
Investment highlights
- 15 Year Absolute Net Lease (Zero Landlord Responsibilities) 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 $11.92 Billion, a Total Net Worth of more than $2.83 Billion and is Ranked #374 on the Fortune 500 List.
- Ideally Positioned at the Entry to the Bellwood Mixed-Use Development - Encompassing ±230 Acres of Single-Family Homes, ±80 Acres of Multifamily, Senior Living, Active Adult Community, and Medical and Flex Office Uses.
- Dual Grocery Anchors Drive Exceptional Regional Shopper Traffic - The Property Sits Adjacent to Sam’s Club while Brookshire’s - a Beloved Tyler-Based Grocer - Breaks Ground in July Nearby, Creating Dual Grocery Anchors that Pull Thousands of Shoppers into the Corridor Weekly.
- Positioned on Tyler’s Highest-Traffic Retail Artery - Loop 323 Carries more than 36k Vehicles per Day, Delivering Exceptional Visibility and Access to the Subject Property along Tyler’s Primary Commercial Corridor.
- Directly Across from Tyler Junior College - TJC’s West Campus, Home to Thousands of Students and Faculty Annually, Sits Directly Across Loop 323, Providing the Subject Property with a Built-In, Recurring Daytime Customer Base.
- Regional Healthcare Hub - CHRISTUS Mother Frances, UT Health East Texas, and Baylor Scott & White Texas Spine & Joint Hospital Collectively Employ over 19,000 Workers within the Surrounding Trade Area.
- Tyler EDC Prioritizes Growth Along This Developing Corridor - The Tyler Economic Development Council has Designated Loop 323 and Earl Campbell Parkway a Priority Development Zone, Actively Recruiting Retailers and Businesses to This Fast-Expanding West Tyler Submarket.
- Densely Populated and Affluent Area: Features an Average Household Income of More than $172k within a 1-Mile Radius and over 103k People Residing within a 5-Mile Radius. Tyler MSA Population Projected to Reach 678,000 by 2030.
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$190,000.00
$15,833.33/mo
Valuation Metrics
0
DSCR
4.75%
Cap Rate
4.75%
ROI
Map
Zoning
PCD PlannedPlanned Commercial Development District
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View all 312 uses
View all 312 uses Last updated May 7, 2026 For deeper zoning details, reports are available at Zoneomics
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