| Purchase Price | $2,650,000 |
|---|---|
| Annual Rental Income | $159,000 |
| Cap Rate | 6% |
| Lease Term | 11 Years |
| City | Austin MSA |
Chipotle Mexican Grill Net Lease Investment Opportunity
Austin, TX MSA
11-Year Triple Net (NNN) Lease
This offering presents an exceptional opportunity to acquire a Chipotle Mexican Grill property in the rapidly growing Austin Metropolitan Statistical Area. Featuring fee simple ownership and an 11-year triple net lease backed by a corporate guarantee, this asset delivers investors a stable and predictable income stream from one of the nation’s most prominent and fast-growing fast-casual dining brands. Located along a high-traffic corridor in a booming Texas market, this property offers an ideal balance of secure, long-term income and premier real estate fundamentals.
Location and Market Overview
Austin, Texas, consistently ranks as one of the fastest-growing cities in the United States, with a metro population exceeding 2.4 million. Known for its thriving technology sector, robust job growth, and cultural appeal, Austin continues to attract businesses and residents at an unprecedented pace. This dynamic growth has fueled strong demand for national retailers and quick-service restaurants, particularly in suburban corridors experiencing rapid residential expansion.
The subject property is strategically positioned along a primary retail corridor with daily traffic counts exceeding 38,000 vehicles. Located near grocery-anchored shopping centers, national retailers, schools, and dense residential neighborhoods, the site benefits from excellent visibility, strong accessibility, and steady consumer demand.
Demographics
The surrounding trade area offers a robust customer base for Chipotle’s fast-casual dining model. Within a three-mile radius, the population exceeds 95,000 residents with average household incomes surpassing $102,000. Extending to five miles, the population rises above 220,000, reflecting the rapid growth of Austin’s suburban communities and the strong demand drivers for quality dining options.
Property Details
The property features a freestanding, prototype Chipotle Mexican Grill totaling approximately 2,500 square feet on a 1.1-acre parcel. The building is constructed to Chipotle’s latest prototype design, featuring a modern dining area, efficient kitchen layout, and a Chipotlane mobile order pick-up window to meet the growing demand for digital orders and takeout. Ample parking and excellent site circulation ensure convenience for both dine-in and takeout customers.
Fee simple ownership provides investors with full rights to the land and improvements, ensuring long-term control and asset stability.
Lease Structure and Tenant Guarantee
The property is leased under an 11-year triple net (NNN) lease with Chipotle Mexican Grill, Inc., a publicly traded corporation and one of the top-performing fast-casual dining brands in the country. Under the terms of the NNN lease, the tenant is responsible for all operating expenses including property taxes, insurance, and maintenance, providing investors with a true passive income opportunity.
Chipotle operates more than 3,200 locations nationwide, with consistent same-store sales growth and a strong balance sheet. The corporate guarantee on this lease provides significant credit security, further enhancing the attractiveness of this investment.
Surrounding Area and Trade Drivers
Austin’s strong economy, driven by technology, education, government, and healthcare sectors, supports long-term retail and service sector demand. The property’s location near a mix of residential subdivisions, shopping centers, and major employment hubs ensures a steady stream of customers. The growing popularity of digital ordering and fast-casual dining aligns perfectly with Chipotle’s brand model, which continues to see increasing demand in suburban markets like this one.
Investment Highlights
Buyer Profile and Financing
This property is an excellent fit for 1031 exchange buyers, institutional investors, REITs, family offices, and private equity firms seeking a stable, low-management net lease investment. The fee simple ownership and corporate-guaranteed lease structure provide strong lender confidence and attractive financing terms.
Conclusion
This Chipotle Mexican Grill property in the Austin, TX MSA represents a best-in-class net lease investment opportunity. Featuring an 11-year triple net lease, a strong corporate guarantee, and a prime location in one of the fastest-growing markets in the United States, this property offers investors secure, predictable cash flow with minimal management requirements.
Qualified investors are encouraged to request the offering memorandum, lease abstract, and financial details.