Chipotle Mexican Grill San Angelo, TX
Download Offering MemorandumChipotle Mexican Grill
Address
5590 Sherwood Way
San Angelo, TX 76901
Property Overview
Chipotle Mexican Grill (the “Property”) is a 2,500 square foot retail asset on Sherwood Way in San Angelo, Texas. The Property is 100% leased to Chipotle Mexican Grill corporate. This is a 15-year absolute net lease. Built as a Taco Bueno originally in 2019, the Property is an outparcel to a flagship H-E-B grocery store and next to a record-breaking Chick-fil-a ($9M estimated sales).
Investment Highlights
Absolute NNN lease with 10% rental escalations every 5 years, and 4, 5-year renewal options
15-year primary term
Premier, HEB Grocery outparcel with excellent visibility and access
Record breaking Chick-fil-A ($9M estimated sales) next door, and across from Walmart Supercenter
2019 construction - (Renovated 2022)
New Drive Thru format location
Location
Team
Brokerage Team
- Phone
- 214.545.6900
- Address
5950 Berkshire Lane, Suite 700, Dallas, Texas 75225