Freestanding QSR Chipotle Building 1200 MN-25 2,325 SF 100% Leased Retail Building Buffalo, MN 55313 $3,161,904 ($1,359.96/SF) 5.25% Cap Rate

The Boulder Group is pleased to exclusively market for sale a single-tenant net-leased Chipotle property in Buffalo, Minnesota, within the Minneapolis MSA. The new 15-year lease commenced in July 2024 and runs through 2039. The lease features 10% rental escalations throughout the primary term and four 5-year renewal options. The property was constructed using the new “Chipotlane” drive-thru concept.

The 2,325-square-foot building benefits from its position at a signalized intersection along Minnesota State Highway 25, which experiences over 17,800 vehicles per day. The property is also just two blocks north of Minnesota State Highway 55, which leads directly to downtown Minneapolis and carries 21,800 vehicles per day. The property is ideally situated across from a Walmart Supercenter and near key demand drivers such as Buffalo Hospital and Buffalo Middle School (1,100+ students). The surrounding retail corridor attracts consistent consumer traffic, with neighboring tenants including Starbucks, O’Reilly Auto Parts, TrueValue, Walgreens, McDonald’s, Wells Fargo, Culver’s, Ford, Chevrolet, and more. The trade area is home to over 22,000 residents within a five-mile radius, boasting a strong average household income of $110,085.

Chipotle Mexican Grill, Inc., often referred to simply as Chipotle, is a prominent American chain of fast-casual restaurants specializing in tacos and Mission-style burritos. Founded in 1993 by Steve Ells in Denver, Colorado, the company has grown significantly, operating more than 3,375 locations worldwide as of 2025. Chipotle is renowned for its commitment to using high-quality ingredients and promoting food sustainability, evidenced by its “Food with Integrity” philosophy, which emphasizes the use of organic produce, naturally raised meat, and dairy from pasture-raised cows. Headquartered in Newport Beach, California, Chipotle has become a leader in the fast-casual dining sector, distinguished by its customizable menu and efficient service model.