4422 S Collins St
Arlington, TX
Price:
$3,632,185
Cap Rate:
4.35%
NOI:
$158,000
Building Size:
Approx. 2,325 Sq. Ft.
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2023
Investment Overview
- 2024 Construction. 2,325+/- SF Building on 0.99+/- Acre Site
- 15-Year Absolute NNN Lease with 10% Rental Increases Every 5 Years Plus (4), 5-Year Options to Renew
- 1st Chipotle in Arlington, TX – New “Chipotlane” Prototype, Which Have ~15% Higher Sales than the Traditional Chipotle Restaurant
- Located on S Collins St (29,400+ VPD) and just off of Interstate 20 (172,500+ VPD)
- Strong Built-in Consumer Base with 19,300+ Employees and 6000+ High School Students w/in a 2-Mile Radius
- Exceptional Demographics: Over 343,000 People and Average Household Income Over $102,000 w/in a 5-Mile Radius
- Arlington | Home to AT&T Stadium (Dallas Cowboys) & Globe Life Field (Texas Rangers) | Population: 392,304+