Secure Net Lease Brokers DFW Chipotle Sale
Kyle Varni Leads All-Cash Transaction with California 1031 Exchange Buyer
Secure Net Lease, a nationally recognized brokerage firm, has announced the successful closing of a newly constructed Chipotle ground lease in Arlington, Texas. The deal was secured with a 1031 exchange buyer from California, representing a smooth and competitive transaction process in the heart of the Dallas-Fort Worth metroplex.
Kyle Varni, who represented the seller, shared, “We had a lot of interest right out of the gate and ended up with multiple strong offers. One buyer came in basically at the list price, which was a great outcome.”
The property, located at 4422 S Collins Street, features a ±2,325-square-foot freestanding Chipotle with a Chipotlane drive-thru, situated on ±0.89 acres. This high-visibility pad site benefits from proximity to Interstate 20 and is surrounded by major national retailers, including Walmart Supercenter, Ross, and Planet Fitness. The site serves a dense trade area with more than 270,000 residents and an average household income exceeding $80,000 within a five-mile radius. Its strong demographics and positioning within Arlington’s high-traffic retail corridor make it a highly attractive long-term investment.
“The closing went really smoothly — we’ve got a solid relationship with the broker and have done a few deals together before, so that definitely helped” Varni concluded.
This transaction further demonstrates Secure Net Lease’s ability to pair top-tier real estate with qualified buyers seeking stabilized net lease investments. The deal was completed with all cash and exemplifies the firm’s continued success in facilitating efficient closings through experienced relationships and detailed market knowledge.
Chipotle Mexican Grill, headquartered in Newport Beach, California, is one of the leading fast-casual restaurant brands in the U.S., with more than 3,400 locations nationwide. The brand is widely recognized for its innovative use of drive-thru formats, digital ordering, and a loyal customer base, all of which have solidified Chipotle’s role as a top-tier tenant in net lease portfolios.
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.
