Secure Net Lease Wraps Quick Closing on Chipotle in Fort Worth

Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a freestanding Chipotle in Fort Worth, Texas. The asset was acquired by an all-cash 1031 exchange buyer based in Los Angeles, California. The property’s prime location and tenant profile contributed to a swift and seamless transaction, reflecting Secure Net Lease’s continued success in pairing high-performing assets with exchange-driven investors.

Edward Benton, who represented the seller, shared, “This one was a pretty straightforward deal from start to finish. We worked with an all-cash 1031 exchange buyer out of California who moved quickly and had a clear timeline. The store was already open and operating, so everything was in place and ready to go. That helped make the process very efficient. We were able to close right on schedule, and it ended up being a win-win on both sides. The buyer was happy with the asset, and we closed at a very strong cap rate for the Fort Worth market, so everyone walked away feeling good about how it all came together.”

Located at 2929 E. Berry Street in Fort Worth, this ±2,325-square-foot building sits on a high-traffic corridor with strong surrounding demographics and nearby national retailers. The property is part of a high-visibility development positioned in an infill trade area and benefits from signalized access and significant daily traffic counts. The site is secured by a long-term lease with Chipotle, and the store was open and operational at the time of sale, contributing to its strong investor appeal and stable cash flow profile.

This transaction highlights Secure Net Lease’s continued momentum with quick-service restaurant assets and exchange-motivated buyers. By leveraging market familiarity and established relationships, the team ensured a seamless deal experience for both parties, resulting in a successful closing that aligned with the seller’s objectives and the buyer’s timeline.

Chipotle Mexican Grill, Inc. (NYSE: CMG) is one of the most prominent fast-casual dining concepts in the United States, known for its commitment to fresh ingredients and customizable menu options. With over 3,000 locations nationwide and a loyal customer base, Chipotle is a preferred tenant in the net lease sector due to its strong corporate financials, forward-looking operational model, and continued expansion across top-performing retail corridors.

About Secure Net Lease
Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.