Situated at 1661 NV-88, this Chipotle benefits from 23,100 AADT directly on-site and 14,300 AADT on adjacent US Hwy 395. Its proximity to Douglas High School and key intersections ensures steady customer flow. The site’s freeway access strengthens its position as a prime dining destination in Minden.
The 15-year net lease assigns all taxes, insurance, and maintenance (except roof, structure, and parking lot) to Chipotle Mexican Grill of Colorado, LLC. Four (4) five-year options extend the term to 2040, with 10% rent bumps every five years. This structure offers investors a low-maintenance, escalating income stream.
Built in 2025, the 2,325 SF restaurant features Chipotle’s latest prototype, including a Chipotlane drive-thru for rapid service. The 0.62-acre parcel optimizes parking and access, aligning with consumer demand for convenience. High-quality construction minimizes near-term capital expenditures for ownership.
Within 5 miles, the 2024 population of 19,465 is projected to grow to 20,037 by 2029, per Esri data. Average household income of $120,485 within this radius rises to $144,204 by 2029, reflecting a nearly 20% increase. This affluent, expanding market underpins Chipotle’s revenue potential.
Opposite Douglas High School (1,600+ students), located near Western Nevada Community College (3,500 students) and minutes from Minden-Tahoe airport, the site leverages school-related traffic and regional connectivity. Its placement in a retail corridor with strong demographics ensures sustained footfall. The Chipotlane enhances appeal in a convenience-driven market.