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CHIPTOLE W/ DRIVE-THRU | 15-YR NNN 3407 Cyn Blvd blf 2,325 SF Retail Building Dallas, TX 75211 $5,032,884 CAD ($2,164.68 CAD/SF) 4.50% Cap Rate
Investment Highlights
- 15 Year NNN Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 High Quality Construction.
- Chipotle is one of the Largest Mexican Restaurant Chains in the U.S. in terms of Sales and Number of Locations.
- Prime West Dallas Infill Location - Densely Populated and Affluent Area: features an Average Household Income of more than $95k and over 298k People.
- Featuring a Drive Thru Pick-Up Lane. Qualifies for Depreciation.
- w/ an Annual Revenue in Excess of $11.92 Billion, a Total Net Worth of more than $2.83 Billion and is Ranked #399 on the Fortune 500 List.
- Within 211-Acre Canyon in Oak Cliff Mixed Use Development featuring Multifamily, Retail, and Hospitality Components.
Executive Summary
Chipotle Mexican Grill w/ Drive Thru | 15 Year NNN Lease Prime West Dallas Infill Location | Brand New 2026 Construction | Qualifies for Depreciation | Direct Frontage to I-30 | High Traffic Retail Corridor Location | Within Canyon in Oak Cliff - A 211 Acre Mixed-Use Development | Strong Daytime Population | Densely Populated and Affluent Area
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,325 SF
Building Class
B
Year Built
2026
Price
$5,032,884 CAD
Price Per SF
$2,164.68 CAD
Cap Rate
4.50%
NOI
$226,480 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.81 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Chipotle Mexican Grill
- Retailer
- 2,325 SF
- -
- Triple Net
- Jul 2041
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Chipotle Mexican Grill | Retailer | 2,325 SF | - | Triple Net | Jul 2041 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00000700267000500 | Improvements Assessment | $0 CAD |
| Land Assessment | $289,840 CAD | Total Assessment | $289,840 CAD |
Property Taxes
Parcel Number
00000700267000500
Land Assessment
$289,840 CAD
Improvements Assessment
$0 CAD
Total Assessment
$289,840 CAD
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CHIPTOLE W/ DRIVE-THRU | 15-YR NNN | 3407 Cyn Blvd blf
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