4422 Collins StArlington, TX 76018

For Sale
$3,512,000

High-yield Chipotle, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional investment opportunity: a brand-new, 2,325 square foot Chipotle restaurant featuring a Chipotlane drive-thru in Arlington, Texas. This single-tenant, absolute NNN net lease boasts a 15-year term commencing October 1, 2024, and includes four 5-year renewal options. The property sits on a 0.99-acre lot at 4422 S Collins St, 76018, benefiting from high visibility on a major thoroughfare with over 29,400 vehicles passing daily and proximity to Interstate 20 (172,500+ VPD). Built in 2024, this location is the first Chipotlane in Arlington, a prototype known for approximately 15% higher sales than traditional Chipotle restaurants. The property offers a 4.50% cap rate with a strong NOI of $158,000 and rent bumps of 10% every five years, ensuring consistent income growth. The area boasts exceptional demographics, including over 343,000 people and an average household income exceeding $102,000 within a 5-mile radius, further supported by a large workforce and student population. This investment is backed by a corporate guarantee and enjoys 100% occupancy. The asking price is $3,512,000, translating to $1,510.54 per square foot. Arlington's thriving economy, anchored by AT&T Stadium and Globe Life Field, provides a robust and stable market for this exceptional investment.

Highlights

  • 2024 Construction, 2,325 square foot building on a 0.99-acre lot.
  • 15-year absolute NNN lease with 10% rent increases every five years, plus four 5-year renewal options.
  • First Chipotlane in Arlington, TX; new prototype with approximately 15% higher sales than traditional Chipotles.
  • High-traffic location on S Collins St (29,400+ vehicles per day) and near Interstate 20 (172,500+ vehicles per day).
  • Strong local demographics: 19,300+ employees and 6,000+ high school students within two miles.
  • Excellent demographics within a five-mile radius: over 343,000 people and an average household income exceeding $102,000.

Property Details for 4422 Collins St

Property type
Other retail properties, Individual retail properties
Square Feet
2,325 SF
Year Built
2024
Buildings
1
Stories
1
Lot Size (sq. ft)
43,124 SF

Location Insight

City
Arlington
County
Tarrant
State
Texas
Latitude
32.6737876
Longitude
-97.0930139
4422 Collins St, Arlington, Texas

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4422 Collins St
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