Chipotle Mexican Grill Baytown, TX

10404 Interstate 10 East
Baytown, TX

Price: $4,666,667
Cap Rate: 3.75%
NOI: $175,000
Building Size: Approx. 2,300 Sq. Ft.
Lot Size: Approx. 0.89 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2021

Investment Overview

  • 2021 Construction. 2,300+/- SF Building on 0.89+/- Acre Site
  • Brand New 20 Yr Absolute NNN Lease w/ (4) 5 Yr Renewal Options
  • Strategically Located Off I-10 E (78K VPD) at Intersection of HW 146 (33K VPD)
  • Near Dollar Tree, ROSS Dress for Less, AutoZone, O’Reilly, Whataburger, Dairy Queen
  • Chipotle is One of the Top Fast Casual Restaurant Operators in the Country (2,900+ Locations)
  • Strong Income Demos with $139,794 within a 1-mile Radius
  • Baytown  |  Northern Shore of Galveston Bay  |  Population: 76,000+