Log In/Sign Up
Your email has been sent.
BRAND NEW CHIPOTLE w/ DR-THRU | 15 YEAR NNN 25661 N US 59 2,900 SF Retail Building Kingwood, TX 77339 $5,511,058 CAD ($1,900.36 CAD/SF) 4.65% Cap Rate
Investment Highlights
- 15 Year NNN Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Premier I-69 / US-59 Freeway Position – The Property Sits Directly Along Northeast Houston’s Primary Commuter Artery Near Northpark Drive.
- Directly Across from High-Traffic H-E-B – Positioned Across Northpark Drive from a Major H-E-B Grocery Store, Generating Consistent Daily Traffic.
- Chipotle is one of the Largest Mexican Restaurant Chains in the U.S. in terms of Sales and Number of Locations
- Kroger Marketplace-Anchored Retail Node – The Property is Located within The Village at Northpark, a 24-Acre Shopping Center Anchored by Kroger.
Executive Summary
Chipotle Mexican Grill w/ Drive Thru | 15 Year NNN Lease | 2026 Complete Exterior/Interior Renovation | Qualifies for Depreciation | Within The Village at Northpark - a 24-Acre Shopping Center Anchored by Kroger Marketplace | Directly Across from High-Traffic H-E-B | Premier I-69 / US-59 Freeway Position | Densely Populated and Affluent Area | Kingwood has experienced Consistent Population Growth over the past few Decades
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,900 SF
Building Class
B
Year Built/Renovated
2013/2026
Price
$5,511,058 CAD
Price Per SF
$1,900.36 CAD
Cap Rate
4.65%
NOI
$256,264 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.68 AC
Parking
34 Spaces (11.72 Spaces per 1,000 SF Leased)
Frontage
94’ on Us-59 Fwy
Amenities
- Freeway Visibility
- Pylon Sign
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Chipotle Mexican Grill
- Retailer
- 2,900 SF
- -
- Triple Net
- Nov 2041
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Chipotle Mexican Grill | Retailer | 2,900 SF | - | Triple Net | Nov 2041 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 7437-00-00402 | Improvements Assessment | $844,290 CAD |
| Land Assessment | $497,051 CAD | Total Assessment | $1,341,340 CAD |
Property Taxes
Parcel Number
7437-00-00402
Land Assessment
$497,051 CAD
Improvements Assessment
$844,290 CAD
Total Assessment
$1,341,340 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
BRAND NEW CHIPOTLE w/ DR-THRU | 15 YEAR NNN | 25661 N US 59
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.