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12625 Tomball Pky
Houston, TX 77086
Chipotle · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 10-year absolute NNN lease with 10% rental increases every five years in initial term and option periods
- The benefit of a bustling traffic count of more than 59,000 vehicles per day on Tomball Pkwy
- Ideal investment for a passive investor backed by a strong corporate guarantee from a Fortune 500 Most Admired Company
- Site features a rare Chipotlane drive-thru for added costumer convenience and significantly increased sales potential
EXECUTIVE SUMMARY
Ideally set in a large retail corridor, the property is surrounded by notable tenants such as Walmart Supercenter, Kroger, Jersey Mike’s, Starbucks, Smoothie King, Panda Express. Chick-fil-A, McDonald's, Whataburger, and many others.
This Chipotle has a high- visibility and easily accessible location near the signalized intersection of SH 249 and Antoine Dr.
This Chipotle has a high- visibility and easily accessible location near the signalized intersection of SH 249 and Antoine Dr.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Price
$5,089,544 CAD
Price Per SF
$2,189.05 CAD
Cap Rate
4%
NOI
$203,582 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.64 AC
Parking
22 Spaces (9.46 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 1415290010001 | Improvements Assessment | $8,402,261 CAD |
| Land Assessment | $9,582,494 CAD | Total Assessment | $17,984,755 CAD |
PROPERTY TAXES
Parcel Number
1415290010001
Land Assessment
$9,582,494 CAD
Improvements Assessment
$8,402,261 CAD
Total Assessment
$17,984,755 CAD
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