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Chipotle Mexican Grill: Willis, TX 12600 I-45 N

2,325 SF Retail Building Willis, TX 77378 $4,494,976 CAD ($1,933 CAD/SF) 4.53% Cap Rate

Retail Space Texas Willis 12600 I-45 N, Willis, TX 77378

Investment Highlights

  • Brand New 15-Year NNN Lease | ±10% Rent Increases Every 5 Years Throughout Initial Term & in Each of the Four, 5-Year Renewal Options
  • Excellent Access & Visibility Along I-45 (100,457 VPD) | 50 Miles from Downtown Houston
  • Surrounded by Retail Powerhouses | Willis Town Center (79,340 SF), Sam Houston Town Center (238,344 SF) & The Market at Willis (200,000 SF+)
  • "Chipotlane" Advantage | Equipped with a Drive-Thru Lane | Only Chipotle in Willis, Texas
  • Within a Brand-New 5.58-Acre Mixed-Use Development | Chili's Grill & Bar (coming soon) and LightPoint Engineering, LLC
  • Houston-Pasadena-The Woodlands, TX MSA Advantage | MSA Population: 7.62M+

Executive Summary

The CBRE Net Lease Property Group is pleased to offer for sale the 2,325-square-foot Chipotle Mexican Grill situated on 0.74 acres in Willis, Texas—part of the broader Houston-Pasadena-The Woodlands, TX MSA (MSA Population: 7.62M+). Recently opened in September, Chipotle’s brand new 15-year NNN lease features ±10% rent increases every 5 years throughout the initial term and in each of the four, 5-year renewal options.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Building Class
C
Year Built
2024
Price
$4,494,976 CAD
Price Per SF
$1,933 CAD
Cap Rate
4.53%
NOI
$203,679 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
0.74 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
4 - Commercial
Parking
30 Spaces (12.9 Spaces per 1,000 SF Leased)
Frontage
177 ft on Interstate 45 North
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Nearby Major Retailers

Dutch Bros
Starbucks
Kroger
McAlister's Deli
First Watch
MOD Pizza
H-E-B
Black Rock Coffee
Surf City Squeeze
Blimpie

PROPERTY TAXES

Parcel Number 0313-01-01500 Improvements Assessment $268,530 CAD
Land Assessment $437,025 CAD Total Assessment $705,554 CAD

PROPERTY TAXES

Parcel Number
0313-01-01500
Land Assessment
$437,025 CAD
Improvements Assessment
$268,530 CAD
Total Assessment
$705,554 CAD
  • Christopher Bosworth
    Christopher Bosworth
  • Brian Pfohl
    Brian Pfohl
  • Thomas Carr
    Thomas Carr
  • Kaitlyn Wolf
    Kaitlyn Wolf
  • Leah Lindell
    Leah Lindell
  • Abby Kelly
    Abby Kelly
(404) 923-1486

  • Listing ID: 33598133

  • Date on Market: 2024-10-22

  • Last Updated:

  • Address: 12600 I-45 N, Willis, TX 77378

The Retail Property at 12600 I-45 N, Willis, TX 77378 is currently available For Sale. Contact CBRE, Inc. for more information.

Nearby Listings

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12600 I-45 N, Willis, TX for sale Primary Photo- Image 1 of 11
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12600 I-45 N, Willis, TX for sale Building Photo- Image 2 of 11
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12600 I-45 N, Willis, TX for sale Building Photo- Image 3 of 11
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12600 I-45 N, Willis, TX for sale Building Photo- Image 4 of 11
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12600 I-45 N, Willis, TX for sale Building Photo- Image 5 of 11
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12600 I-45 N, Willis, TX for sale Building Photo- Image 6 of 11
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12600 I-45 N, Willis, TX for sale Building Photo- Image 9 of 11
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12600 I-45 N, Willis, TX for sale Building Photo- Image 10 of 11
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Chipotle Mexican Grill: Willis, TX | 12600 I-45 N
(404) 923-1486 x

Chipotle Mexican Grill: Willis, TX | 12600 I-45 N

1/6

Christopher Bosworth

(404) 923-1486

(404) 923-1486

Brian Pfohl

(404) 504-7900

(404) 504-7900

Thomas Carr

(404) 812-5101

(404) 812-5101

Kaitlyn Wolf

(404) 812-5299

(404) 812-5299

Leah Lindell

(404) 812-5136

(404) 812-5136

Abby Kelly

(404) 923-1460

(404) 923-1460

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