SEQ of I-610 & Beechnut St
Houston, TX 77096
Chipotle | Houston, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20-year absolute NNN lease with 8% rental increases in initial term and option periods
- No landlord management, an ideal opportunity for passive investors
- Chipotle is ranked on the Fortune 500 and is recognized on the 2023 list for Fortune’s Most Admired Companies
- Strong corporate guarantee from an investment-grade national tenant (NYSE: “CMG”)
- Chipotle is the only restaurant company of its size that owns and operates all its restaurants
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,325 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.67 AC
PROPERTY TAXES
| Parcel Number | 0992420000003 | Improvements Assessment | $200,000 |
| Land Assessment | $5,815,250 | Total Assessment | $6,015,250 |
