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Investment Highlights

  • Long term 15 year building lease with 3-5 year options providing for 10% increases every 5 years
  • Brand new 2026 construction - prototypical Chipotlane drive thru
  • Tenant expenses include property taxes, insurance & CAM
  • NNN lease - no common area repair or maintenance responsibilities
  • Chipotle (NYESE: CMG) is publicly traded with annual revenue of $11.9B in 2025 / Market Cap (May 2026): $41B
  • Located adjacent to Starbucks, Culver's, Kaiser Permanente & Champion Carwash / regional trade area hub in Southern Colorado

Executive Summary

Colorado Broker of Record: EXP Realty - Jennifer Smith - License No.: 100095733
Faris Lee Investments is pleased to offer the fee-simple interest (land & building) in a newly constructed, freestanding Chipotle located in Pueblo, Colorado. This prime investment opportunity features brand-new 2026 construction and the latest “Chipotlane” drive-thru prototype, featuring a drive-up window dedicated exclusively to customers preordering via the mobile app,a concept proven to boost sales volume, operational efficiency, and intrinsic real estate value. The property is secured by a corporate, 15-year NNN lease with three (3) 5-year renewal options, guaranteeing long-term stability and security for the investor. The lease includes scheduled 10% rental increases every five (5) years throughout the primary term and option periods, providing a natural hedge against inflation, increase return on investment, and excellent potential tax benefits through cost segregation and accelerated depreciation.
The tenant, Chipotle (NYSE: CMG), is an investment-grade, national credit tenant with exceptional financial standing, reporting 2025 revenues exceeding $11.9 Billion and operating over 4,000 restaurants worldwide across the U.S., Canada, Europe, and the Middle East. With a market capitalization exceeding $41 Billion (as of May 2026) and 130,000 employees, Chipotle is a
dominant force in the industry. Under the NNN lease structure, the tenant is entirely responsible for all recurring operating expenses, including property taxes, liability insurance, interior improvements, HVAC, and all common area maintenance (CAM) that includes the parking lot upkeep, landscaping, lighting, and snow removal. This hands-off structure completely eliminates landlord management responsibilities, making it an ideal vehicle for passive investors or 1031 exchanges looking for immediate corporate cash flow.
Strategically positioned as a high-profile, free standing pad building within a major regional trade area, the property boasts excellent visibility fronting highly traveled Pueblo (Hwy 45) Boulevard (over 23,100 VPD) and sits strategically near Interstate 25 (over 46,000 VPD), a critical transportation corridor spanning from Montana to New Mexico. This premier asset serves as the primary commercial hub for the expansive Southern Colorado trade area, drawing consumer traffic from surrounding communities like Canon City, Rockvale, Florence, Penrose, Greenwood, Wetmore, Colorado City, Fowler, Avondale, and Baxter. Chipotle is located within in immediate proximity to dominant national credit retailers and major economic drivers, including Walmart, Lowe’s, King Soopers, Safeway, Kaiser Permanente, Pueblo South High School, Walmart Neighborhood Market, Culver’s and Starbucks. This affordable, robust Southern Colorado community boasts an MSA population exceeding 169,000 people and attracts immense regional tourism via water activities along the Arkansas River and Pueblo Reservoir at the high-traffic Lake Pueblo State Park, offering an investor secure long-term returns.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Building Class
B
Year Built
2026
Price
$4,485,846 CAD
Price Per SF
$1,929.40 CAD
Cap Rate
5%
NOI
$224,292 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.02
Lot Size
3.35 AC
Opportunity Zone
Yes
Frontage
62’ on West Pueblo Boulevard
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
  • Listing ID: 40713688

  • Date on Market: 2026-05-29

  • Last Updated:

  • Address: 2065 W Pueblo Blvd, Pueblo, CO 81004

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