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4354 Goodman Rd
Horn Lake, MS 38637
Chipotle | Memphis MSA · Commerce de détail Propriété À vendre


Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- Corporately-backed 15-year absolute NNN Chipotle with 10% rental increases every five years
- 10% rental increases every five years across the initial term and four (4) five-year options ensure consistent income growth
- Chipotle’s operational control over all 3,700+ locations and $11 billion in 2024 revenue highlight its stability and growth potential.i
- Tenant handles all taxes, insurance, and maintenance, including roof, structure, and parking lot, offering zero landlord responsibilities.
RÉSUMÉ DE L'ANNONCE
Located on Goodman Rd with 28,000 AADT, this Walmart outparcel thrives in Horn Lake’s retail core. Surrounded by Lowe’s, Dollar Tree, and Starbucks, it draws from a five-mile population of 96,152. Proximity to Horn Lake Intermediate School (1,100+ students) ensures consistent family traffic.
Chipotle’s 15-year absolute NNN lease, starting ± August 1, 2025, shifts all taxes, insurance, maintenance, roof, structure, and parking lot costs to the tenant. With 10% rent increases every five years, the lease offers predictable growth through 2040 and four (4) five-year options. Chipotle Mexican Grill, Inc.’s corporate guaranty enhances investment security
Within three miles, 55.6% of 29,083 adults used take-out/drive-thru services in the past six months, reflecting strong demand for Chipotle’s model. The five-mile population of 96,152, with a 2.59 average household size, aligns with the brand’s broad appeal. Projected three-mile median income growth of 17.4% by 2029 supports sustained dining activity.
Constructed in 2025, the 2,325 SF facility features Chipotle’s advanced design, including a Chipotlane drive-thru for high-volume service. The 1.32-acre parcel optimizes parking and access while minimizing upkeep.
The three-mile radius boasts an average household income of $83,317, projected to reach $96,635 by 2029, outpacing state trends. Within one mile, the population of 6,893 has a median household income of $56,439, expected to grow 16.9% by 2029. This wealth drives Chipotle’s customer base.
Positioned 10 miles from downtown Memphis, the site leverages Goodman Rd’s connectivity and proximity to I-55 (1.5 miles). Baptist Memorial Hospital-DeSoto (0.8 miles) and a retail corridor with Wendy’s and AutoZone amplify traffic. The location’s cross-border Memphis appeal enhances its investment value.
Chipotle’s 15-year absolute NNN lease, starting ± August 1, 2025, shifts all taxes, insurance, maintenance, roof, structure, and parking lot costs to the tenant. With 10% rent increases every five years, the lease offers predictable growth through 2040 and four (4) five-year options. Chipotle Mexican Grill, Inc.’s corporate guaranty enhances investment security
Within three miles, 55.6% of 29,083 adults used take-out/drive-thru services in the past six months, reflecting strong demand for Chipotle’s model. The five-mile population of 96,152, with a 2.59 average household size, aligns with the brand’s broad appeal. Projected three-mile median income growth of 17.4% by 2029 supports sustained dining activity.
Constructed in 2025, the 2,325 SF facility features Chipotle’s advanced design, including a Chipotlane drive-thru for high-volume service. The 1.32-acre parcel optimizes parking and access while minimizing upkeep.
The three-mile radius boasts an average household income of $83,317, projected to reach $96,635 by 2029, outpacing state trends. Within one mile, the population of 6,893 has a median household income of $56,439, expected to grow 16.9% by 2029. This wealth drives Chipotle’s customer base.
Positioned 10 miles from downtown Memphis, the site leverages Goodman Rd’s connectivity and proximity to I-55 (1.5 miles). Baptist Memorial Hospital-DeSoto (0.8 miles) and a retail corridor with Wendy’s and AutoZone amplify traffic. The location’s cross-border Memphis appeal enhances its investment value.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
2 325 pi²
Classe d’immeuble
B
Année de construction
2025
Prix
4 717 319 $ CAD
Prix par pi²
2 028,95 $ CAD
Taux de capitalisation
5,35%
Revenu net d’exploitation
252 344 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,04
Taille du lot
1,32 AC
Stationnement
23 places (9,89 places par 1 000 pi² loué)
COMMODITÉS
- Service au volant
1 de 9
VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D MATTERPORT
PHOTOS
VUE DEPUIS LA RUE
RUE
CARTE
