Chipotle

Chipotle Mexican Grill Net Lease Investment Opportunity
Las Vegas, NV MSA
15-Year Triple Net (NNN) Lease

This offering presents an exceptional opportunity to acquire a Chipotle Mexican Grill property located in the thriving Las Vegas Metropolitan Statistical Area. Featuring fee simple ownership and a brand-new 15-year triple net lease, this investment delivers stable and predictable cash flow from one of the nation’s most recognizable and fast-growing fast-casual dining brands. Positioned on a highly visible retail corridor with excellent access and surrounded by national tenants, this asset is ideally suited for investors seeking secure, long-term income with minimal management responsibilities in a premier West Coast market.

Location and Market Overview
Las Vegas is one of the fastest-growing metropolitan areas in the United States, with a population exceeding 2.3 million residents and over 42 million annual visitors. Known globally as a world-class tourist destination, Las Vegas also benefits from a rapidly expanding permanent population supported by a strong economy anchored in hospitality, healthcare, technology, and logistics.

The subject property is strategically located along a major arterial corridor within the Las Vegas MSA, benefiting from daily traffic counts exceeding 40,000 vehicles. Positioned near shopping centers, grocery anchors, schools, and dense residential developments, the site offers outstanding visibility and easy access, ensuring consistent customer traffic throughout the day.

Demographics
The surrounding trade area reflects strong demand for fast-casual dining options. Within a three-mile radius, the population exceeds 105,000 residents with average household incomes above $80,000. Expanding to five miles, the population grows to more than 250,000, demonstrating the region’s rapid residential expansion. The area’s blend of permanent residents, tourists, and daytime employment centers creates a robust and diverse customer base for Chipotle.

Property Details
The property consists of a newly constructed, freestanding Chipotle Mexican Grill totaling approximately 2,400 square feet, situated on a 0.9-acre parcel. Built to Chipotle’s latest prototype standards, the facility includes a modern kitchen, a dining area designed for both dine-in and takeout service, and a Chipotlane mobile order pickup window. Ample parking and convenient ingress and egress points accommodate high volumes of both vehicular and foot traffic.

Ownership is fee simple, providing investors with full rights to the land and improvements, ensuring long-term control and stability.

Lease Structure and Tenant Guarantee
The property is leased under a 15-year triple net (NNN) lease with Chipotle Mexican Grill, Inc., with the tenant responsible for all operating expenses including property taxes, insurance, and maintenance. This structure provides investors with a true passive investment and predictable long-term cash flow.

Chipotle Mexican Grill operates over 3,200 locations nationwide and continues to expand aggressively, particularly in high-growth markets like Las Vegas. With a strong balance sheet and consistent same-store sales growth, Chipotle is recognized as one of the top-performing brands in the fast-casual dining industry.

Surrounding Area and Trade Drivers
Las Vegas’s unique combination of steady tourism and strong residential growth creates consistent demand for fast-casual dining. The property benefits from its proximity to major employers, retail centers, and entertainment destinations. High volumes of both local residents and tourists ensure a steady customer base for Chipotle’s popular menu offerings. The surrounding area’s dense residential growth and proximity to schools further enhance the property’s long-term viability.

Investment Highlights

• 15-year triple net (NNN) lease with Chipotle Mexican Grill, Inc., a nationally recognized fast-casual dining leader.
• Fee simple ownership of a 0.9-acre parcel with a 2,400-square-foot prototype Chipotle including a Chipotlane mobile order pickup.
• Tenant responsible for all property operating expenses, providing a truly passive income stream.
• Located in the high-growth Las Vegas MSA with daily traffic counts exceeding 40,000 vehicles.
• Strong demographics with over 105,000 residents within three miles and average household incomes above $80,000.
• Positioned near schools, retail centers, and major employment hubs in a dense residential corridor.
• Highly financeable investment with corporate-backed lease from a proven industry leader.

Buyer Profile and Financing
This property is ideally suited for 1031 exchange buyers, institutional investors, family offices, and private equity groups seeking a long-term, low-management net lease investment. The fee simple ownership and corporate-guaranteed lease structure provide strong lender acceptance and attractive financing opportunities.

Conclusion
This Chipotle Mexican Grill property in the Las Vegas, NV MSA represents a premier net lease investment opportunity. Featuring a 15-year triple net lease, strong corporate guarantee, and a prime high-traffic location in one of the nation’s fastest-growing markets, the asset delivers stable, predictable cash flow with minimal landlord responsibilities.

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