10404 Interstate 10 E - Fast Food FOR SALE


Baytown, TX 77523 | 
$4,184,783 USD
918-794-9538
10404 Interstate 10 E, Baytown, TX for Sale
$4,184,783 USD
Fast Food - FOR SALE
1/7
null | 4.6% Cap Rate

10404 Interstate 10 E
Baytown, TX 77523


HIGHLIGHTS

  • Strong Corporate Guaranty | Fortune 500 Company
  • 20-Year Abs. NNN Lease with 10% Rent Increases
  • Surrounded by Major Industrial & Energy Employment Hubs
  • Visibility to 116,000+ Daily Vehicles | I-10 and TX-146 Frontage
  • Shadow-Anchored by Walmart | Within a Transforming Retail Corridor
  • 173,008 Residents Within 10 Miles | $138,660 3-Mile AHHI

OVERVIEW

10404 Interstate 10 E presents the opportunity to acquire a single-tenant Chipotle restaurant secured by a long-term absolute NNN lease with a nationally recognized tenant. According to the offering materials, the property benefits from a 20-year absolute NNN lease structure featuring scheduled 10% rent increases, providing investors with contractual rental growth and limited landlord responsibilities. The property is positioned along Interstate 10 in Baytown, one of the Houston region's most important industrial and logistics corridors. Baytown is home to major petrochemical, refining, manufacturing, and distribution operations that support a substantial workforce and generate consistent consumer demand. The location offers direct access to Interstate 10 and proximity to State Highway 146, providing regional connectivity throughout the Houston metropolitan area and access to major employment centers along the Gulf Coast. The offering is further supported by Chipotle Mexican Grill's established national brand presence and the corporate strength referenced in the marketing materials. The surrounding trade area includes significant industrial and energy-related employment hubs that contribute to daily traffic and customer activity. Continued investment throughout the greater Houston market, combined with Baytown's role as a strategic industrial center, supports the property's long-term relevance within the local retail landscape. For investors seeking passive ownership, the combination of a nationally recognized tenant, long-term lease term, contractual rent escalations, and location within a major employment corridor creates a compelling net-leased investment opportunity positioned for stable occupancy and long-term income generation.

FOR SALE DETAILS

PRICE

$4,184,783 USD

PRICE/SF

$1,744 USD /SF

CAP RATE

4.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

None

APN/PARCEL ID

18310-00004-00100-000100

ASK ABOUT THIS PROPERTY

Anne PerraultNorthmarqMore Info
918-794-9538

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Anne PerraultNorthmarqMore Info
918-794-9538

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.