Chipotle

Purchase Price$1,495,000
Annual Rental Income$97,175
Cap Rate6.50%
Lease Term7 Years
CityTulsa MSA
Tenant: Chipotle
Sector: Fast Food / QSR
State: Oklahoma

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Chipotle Mexican Grill Net Lease Investment Opportunity
Tulsa, OK MSA
7-Year Triple Net (NNN) Lease

This offering presents a strong opportunity to acquire a Chipotle Mexican Grill property in the Tulsa, Oklahoma Metropolitan Statistical Area. With seven years remaining on a corporate-backed triple net lease, this investment provides reliable income from one of the nation’s most successful and fastest-growing fast-casual dining brands. Featuring fee simple ownership and a prime location along a major retail corridor, the property combines dependable cash flow with solid real estate fundamentals.

Location and Market Overview
Tulsa is the second-largest city in Oklahoma and part of a metro area with more than one million residents. Known for its diverse economy, the region is driven by industries such as aerospace, energy, healthcare, finance, and education. Tulsa has become a hub for both business and culture, consistently ranked as one of the most affordable and livable mid-sized cities in the United States.

The subject property is ideally located along a heavily trafficked arterial road with daily traffic counts exceeding 35,000 vehicles. The immediate area features a dense mix of national retailers, grocery-anchored shopping centers, and service providers. Its proximity to residential neighborhoods, schools, and business districts ensures consistent daily traffic and a steady customer base.

Demographics
The surrounding trade area supports strong restaurant performance. Within a three-mile radius, the population exceeds 92,000 residents, with average household incomes of approximately $84,000. Expanding to five miles, the population grows to more than 205,000, reflecting the density and purchasing power of the Tulsa market. These strong demographics align well with Chipotle’s fast-casual dining concept.

Property Details
The property consists of a freestanding Chipotle Mexican Grill totaling approximately 2,350 square feet on a 0.95-acre parcel. Constructed to Chipotle’s latest prototype standards, the restaurant features a modern dining layout, an efficient kitchen, and a Chipotlane mobile order pick-up window to accommodate the increasing demand for digital and takeout orders. The site provides ample parking, excellent ingress and egress, and strong street visibility, ensuring high levels of customer accessibility.

Fee simple ownership provides investors with full control and long-term stability of the underlying land and improvements.

Lease Structure and Tenant Guarantee
The property is subject to a 7-year triple net (NNN) lease with Chipotle Mexican Grill, Inc., a publicly traded corporation with more than 3,200 locations nationwide. Under the NNN lease, the tenant is responsible for all operating expenses, including property taxes, insurance, and maintenance, offering a truly passive investment opportunity.

Chipotle continues to lead the fast-casual dining sector, reporting strong sales growth and expansion in markets across the country. The corporate guarantee ensures reliable rental income and makes this a highly financeable investment.

Surrounding Area and Trade Drivers
Tulsa’s strong economic base and growing residential population provide long-term stability for retail tenants. The property benefits from its location near major employers, healthcare facilities, schools, and shopping centers. Its placement within a dense retail corridor ensures consistent consumer traffic and supports sustained demand for Chipotle’s popular dining model.

Investment Highlights

  • 7-year triple net (NNN) lease with Chipotle Mexican Grill, Inc., a nationally recognized fast-casual dining leader.
  • Fee simple ownership of a 0.95-acre parcel with a 2,350-square-foot prototype Chipotle including a Chipotlane mobile order pick-up.
  • Tenant responsible for all property operating expenses, providing investors with a truly passive income stream.
  • Prime Tulsa MSA location with daily traffic counts exceeding 35,000 vehicles.
  • Strong demographics: more than 92,000 residents within three miles and over 205,000 residents within five miles, with average household incomes of approximately $84,000.
  • Surrounded by national retailers, grocery anchors, and residential neighborhoods in a thriving retail corridor.
  • Corporate-backed lease providing reliable and predictable rental income.
  • Attractive to 1031 exchange buyers, institutional investors, and private equity groups.

Buyer Profile and Financing
This property is well-suited for 1031 exchange buyers, REITs, family offices, institutional investors, and private equity firms seeking stable cash flow with minimal management responsibilities. The fee simple ownership and corporate-backed lease structure ensure strong lender acceptance and favorable financing terms.

Conclusion
This Chipotle Mexican Grill property in the Tulsa MSA offers an excellent net lease investment opportunity. With seven years remaining on a triple net lease, a corporate guarantee, and a prime location in a high-traffic retail corridor, the property delivers dependable, low-maintenance income in one of Oklahoma’s most dynamic markets.

Qualified investors are encouraged to request the full offering memorandum, lease abstract, and financial details.

Property details provided on this site are for general informational and illustrative purposes only. Specific availability and property status may change without notice. Please contact us to confirm current opportunities.