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10100 E Old Vail Rd
Tucson, AZ 85747
Chipotle · Retail Property For Sale
Investment Highlights
- New 15 Year Absolute NNN Corporate Lease
- ±52,400 Residents in a 5-Mile Radius - Growing Trade Area in Tucson
- Located in Houghton Town Center, Anchored by The Home Depot and Walmart
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- Households and Population Projected to Increase ±8% in the Surrounding Area Over the Next 5 Years
- Growing Retail Trade Area With New Developments Including Costco Wholesale, Sprouts Farmers Market, Mattress Firm, and More
Executive Summary
Chipotle Mexican Grill, Inc. (NYSE: CMG) is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, known for its large burritos, assembly-line production, and use of natural ingredients.
Tucson is the second largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business. Over the next five years, the metro is projected to add roughly 37,000 new residents.
Tucson is the second largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business. Over the next five years, the metro is projected to add roughly 37,000 new residents.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,385 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$4,234,000
Price Per SF
$1,775.26
Cap Rate
4.70%
NOI
$199,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.55 AC
Property Taxes
| Parcel Number | 141-18-6530 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $56,727 |
Property Taxes
Parcel Number
141-18-6530
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$56,727
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