This offering presents the opportunity to acquire a newly opened Chipotle Mexican Grill operating under a 20-year absolute NNN lease structure. The asset is positioned along North Fry Road, a major north-south commercial corridor serving Katy and the northwest Houston metropolitan area. The location benefits from visibility along a heavily traveled roadway and direct access to surrounding residential communities and retail destinations. The immediate trade area is anchored by Walmart and Kroger and includes numerous national retailers, restaurants, and service providers that contribute to consistent consumer traffic throughout the corridor.