Chipotle | 8030 Buffalo Dr
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Chipotle 8030 Buffalo Dr
2,325 SF Retail Building Las Vegas, NV 89131 $3,563,000 ($1,532/SF) 4.35% Cap Rate
Investment Highlights
- Chipotle Mexican Grill, Inc. - (NYSE: CMG)- Strong Corporate Guaranty
- North Las Vegas - Adjacent to New Public Storage, Goddard School Developments - Strong Demographics and High Traffic Counts
- Income Tax-Free State
- Brand New 2024 High-Quality Construction - Build-to-Suit For Chipotle's Latest Prototype Design
- Strategic QSR Location - Chipotle Sits Directly Across the Street From Arbor View High School (3,500 Students)
Executive Summary
We are pleased to present the opportunity to acquire a Brand New 2024 Construction Chipotle Build-to-Suit with 15-years of term remaining. The Subject property features 10% rent increases every 5-years. Strong Chipotle (NYSE: CMG) Corporate guaranty. The property sits directly across the street from Arbor View High School, with over 3,500 Students.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,325 SF
Building Class
B
Year Built
2024
Construction Status
Under Construction
Price
$3,563,000
Price Per SF
$1,532
Cap Rate
4.35%
NOI
$155,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
0.61 AC
Zoning
CG - Commercial General
Frontage
150 FT on Buffalo Dr
Amenities
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 125-10-405-006 | Improvements Assessment | $827,799 |
| Land Assessment | $531,704 | Total Assessment | $1,359,504 |
PROPERTY TAXES
Parcel Number
125-10-405-006
Land Assessment
$531,704
Improvements Assessment
$827,799
Total Assessment
$1,359,504
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Jon Selznick -
Ryan Bennett -
Jonathan Selznick - AZ Broker License #SE687186000
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Chipotle | 8030 Buffalo Dr
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