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8151 Lakeview Pky
Rowlett, TX 75088
Chipotle · Retail Property For Sale
Investment Highlights
- Corporate lease with Chipotle, one of the premier fast casual operators in the country with more than 3,770 locations and total revenue over $11bn.
Executive Summary
Brand new 15-year absolute NNN lease features 10% rent increases every 5 years and no landlord maintenance responsibilities, providing a completely passive investment.
New Construction: High-quality construction featuring Chipotle’s current prototype, which includes a “Chipotlane” drive-thru. Starbucks recently opened next door and there is more retail planned for the remaining 2+ acres, bringing additional traffic to the site.
Dense Locations with High Traffic Exposure: Nearby national retailers include Tom Thumb, Starbucks, Walmart Neighborhood Market, Chick-fil-A, McDonald’s, Autozone, Raising Cane’s, CVS, and it is exposed to over 40,000 VPD.
New Construction: High-quality construction featuring Chipotle’s current prototype, which includes a “Chipotlane” drive-thru. Starbucks recently opened next door and there is more retail planned for the remaining 2+ acres, bringing additional traffic to the site.
Dense Locations with High Traffic Exposure: Nearby national retailers include Tom Thumb, Starbucks, Walmart Neighborhood Market, Chick-fil-A, McDonald’s, Autozone, Raising Cane’s, CVS, and it is exposed to over 40,000 VPD.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
2,325 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$5,395,853 CAD
Price Per SF
$2,320.80 CAD
Cap Rate
4.50%
NOI
$242,813 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.12 AC
Frontage
100’ on Lakeview Parkway
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 441105900A3RA0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $465,703 CAD | Total Assessment | $465,703 CAD |
Property Taxes
Parcel Number
441105900A3RA0000
Land Assessment
$465,703 CAD
Improvements Assessment
$0 CAD
Total Assessment
$465,703 CAD
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