Chipotle, Houston, Texas

8226 Long Point Rd no-imageVIEW MAP

Property Information

Price: $3,888,889
Cap Rate: 4.50%
NOI: $175,000
Lease Term: 20 Years
Lease Type: Absolute NNN Lease
Building Size: Approximately 2,385 Square Feet
Year Built: 2026
Status: Available
Lead Broker Information:

Randy Bell

bell@realcapitalinvestments.com

214-380-3670
Marketing Package

Property Description

Investment Highlights

  • Rare 20 Year Absolute NNN Lease – Stable Cash Flow Asset – Zero Landlord Responsibilities – Four (5-Year) Options to Renew
  • 10% Rental Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
  • Corporately Guaranteed Lease by Chipotle Mexican Grill, a Leading Fast-Casual Restaurant Brand Founded in 1993 That Operates More Than 3,400 Locations and Has a Market Cap Exceeding $42 Billion
  • Brand New Construction, Pride of Ownership Asset Featuring Chipotle’s Latest “Habanero” Prototype Featuring a “Chipotlane” Drive-Thru – a Modern and Aesthetically Pleasing Property
  • Situated on a Functional 0.716-Acre Parcel Containing a 10-Car Stack Drive-Thru, Providing Chipotle with the Ability to Effectively Handle High Restaurant Volume
  • High Traffic Location with Excellent Visibility – More Than 19,000 Vehicles Per Day on Long Point Rd & an Additional 20,692 Vehicles Per Day on Nearby Witt Rd
  • Densely Populated, Infill Location with Excellent Demographics – Over 398,000 People within a 5-Mile Radius of the Property with Average Household Income Exceeding $158,000 Annually
  • Over 205.7 Million Square Feet of Industrial & Office Space and 38.8 Million Square Feet of Restaurant & Retail within a 5-Mile Radius of the Property, Resulting in a High Daytime Population of More Than 36,000 Businesses & 371,000 Employees
  • Tremendous Multi-Family Density with Over 84,000 Apartment Units Located within a 5-Mile Radius of the Property
  • Texas is an Income Tax Free State with the Strongest and Fastest Growing Economy in the United States, Providing an Ideal Location for a 1031 Exchange Asset