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Chipotle | 2080 E Warm Springs Rd
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Chipotle 2080 E Warm Springs Rd
2,325 SF 4-Star Retail Building Las Vegas, NV 89119 $4,987,532 CAD ($2,145 CAD/SF) 4.35% Cap Rate
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INVESTMENT HIGHLIGHTS
- Chipotle Mexican Grill, Inc. - (NYSE: CMG)- Strong Corporate Guaranty
- A+ Real Estate Location - South Las Vegas - Located 2 Miles from Las Vegas Strip - Just South of Harry Reed International Airport
- Income Tax Free State
- Brand New 2024 High-Quality Construction - Build-to-Suit For Chipotle's Latest Prototype Design
- Desirable Location - Strong Retail Corridor with other National Brands - Dense Residential and Commercial Market
EXECUTIVE SUMMARY
We are pleased to present the opportunity to acquire a Brand New 2024 Construction Chipotle Build-to-Suit with 15-years of term remaining. The Subject property features 10% rent increases every 5-years. Strong Chipotle (NYSE: CMG) Corporate guaranty. The property sits only 2-miles South of the Las Vegas Strip, and sits just South of Harry Reed International Airport.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,325 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2025
Construction Status
Under Construction
Price
$4,987,532 CAD
Price Per SF
$2,145 CAD
Cap Rate
4.35%
NOI
$216,975 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.63 AC
Zoning
CG - Commercial General
Parking
20 Spaces (8.6 Spaces per 1,000 SF Leased)
Frontage
156 ft on E Warm Springs Rd
AMENITIES
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 177-02-816-013 | Improvements Assessment | $15,276 CAD |
Land Assessment | $177,793 CAD | Total Assessment | $177,793 CAD |
PROPERTY TAXES
Parcel Number
177-02-816-013
Land Assessment
$177,793 CAD
Improvements Assessment
$15,276 CAD
Total Assessment
$177,793 CAD
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Chipotle | 2080 E Warm Springs Rd
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