550 W Interstate 30 - Fast Food FOR SALE


Garland, TX 75043
$3,935,000 USD
214-335-4068
550 W Interstate 30, Garland, TX for Sale
$3,935,000 USD
Fast Food - FOR SALE
1/9
null | 4.65% Cap Rate

550 W Interstate 30
Garland, TX 75043


HIGHLIGHTS

  • Zero Landlord Responsibility Absolute Net Corporate Lease Asset South of Interstate 30 & Belt Line Road Intersection Within Garland, Texas (DFW)
  • 2025 Renovated Partial Masonry Construction Drive Thru Asset Located on +/- 0.59 Acres
  • 15 Year Absolute Net Lease with 10% Rental Escalations Every 5-Years & Zero Landlord Responsibilities (Anticipated Opening October 2025)
  • Chipotle (NYSE: CMG) Operates Over 3,700 Restaurant Globally & Generated Over $11.3 Billion in Revenue for 2024
  • Average Household Income Exceeds $95,800 & $94,600 in 3 & 5 Mile Radii, Respectively

OVERVIEW

Chipotle recently signed a 15 year corporate absolute net lease for a 2025 renovated drive thru asset fronting Interstate 30 in Garland, Texas. The tenant is anticipated to open for business October 2025. The Property is located 15 minutes from downtown Dallas, 25 minutes from DFW Airport and 35 minutes from downtown Fort Worth. Chipotle is positioned on +/- 0.59 acres with excellent positioning within Northern Tool anchored development, just off the intersection of Interstate 30 and Belt Line Road. The Property consists of a 2,994 SF partial masonry construction with drive thru lane. Chipotle features 10% rental escalations every 5-years with four 5-year renewal options and zero landlord responsibilities. Chipotle is a publicly traded company (NYSE: CMG) operating over 3,700 restaurants globally and continues to expand rapidly, opening 304 new locations in 2024 and targeting over 315 in 2015. In 2024, Chipotle generated $11.3 billion in revenue which was an increase of over 14% year over year. Notable national retailers in the immediate area include Walmart Supercenter, Lowes, Aldi, Tom Thumb, Northern Tools, Target, Starbucks, McDonalds, Chase Bank and AT&T.

FOR SALE DETAILS

PRICE

$3,935,000 USD

PRICE/SF

$1,314 USD /SF

CAP RATE

4.65%

% 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

1981

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

Z52

APN/PARCEL ID

26038590010010000

ASK ABOUT THIS PROPERTY

Tommy TuckerSHOP CompaniesMore Info
214-335-4068

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Tommy TuckerSHOP CompaniesMore Info
214-335-4068

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