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3520 S Preston Rd
Celina, TX 75009
Chipotle - The Crossing at Moore Farm · Retail Property For Sale


Investment Highlights
- Brand New 2026 Construction; Estimated Opening Q4 2026
- Population +78,400 in 5 Miles with 14.07% Annual Growth Rate
- 314% Population Increase Over Last Decade, Ranking #3 in Top 10 Fastest Growing Cities According to dallas.culturemap.com
- 10-Year Initial Term with Four 5-Year Renewal Options
- +$175,900 Avg HHI in 1 Mile Radius, Higher than the National Average
Executive Summary
Chipotle is a brand new 2026 construction single-tenant investment opportunity at The Crossing at Moore Farm—a premier mixed-use destination positioned at the gateway to one of the fastest growing cities in North Texas. The tenant occupies 1.10 acres and is projected to open in Q4 2026. The building will feature a “Chipotlane” digital pickup lane, a high-demand format that continues to outperform in fast-growing suburban markets. The Crossing at Moore Farm and The Village at Ownsby Farms together form a unified +77-acre master-planned retail district anchored by Lowe’s and EOS, with Home Depot, Costco, Costco Gasoline and Academy Sports. The property sits immediately adjacent to Jefferson Ownsby and Prose Ownsby Farms—two new Class A multifamily communities totaling 850-units, which will serve as the residential anchor for the district, creating a cohesive mixed-use region that will blend commerce with modern living. The offering includes a 10-year NNN lease with four 5-year renewal options, providing up to 30 years of potential tenancy.
Celina, TX is experiencing explosive growth, with a 314% population increase over the past decade, ranking #3 among the Top 10 Fastest Growing Cities (dallas.culturemap.com). The 5-mile population is +78,400 with a 14.07% annual growth rate. The average household income within 1-mile radius exceeds the national average at +$175k. The property is surrounded by a dense national retail corridor featuring Target, Walmart Supercenter, Hobby Lobby, Dick’s Sporting Goods, and Kohl’s. It is also immersed within eight major master-planned communities totaling more than 8,000 acres within a 10-mile radius.
Celina, TX is experiencing explosive growth, with a 314% population increase over the past decade, ranking #3 among the Top 10 Fastest Growing Cities (dallas.culturemap.com). The 5-mile population is +78,400 with a 14.07% annual growth rate. The average household income within 1-mile radius exceeds the national average at +$175k. The property is surrounded by a dense national retail corridor featuring Target, Walmart Supercenter, Hobby Lobby, Dick’s Sporting Goods, and Kohl’s. It is also immersed within eight major master-planned communities totaling more than 8,000 acres within a 10-mile radius.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$3,666,666
Price Per SF
$1,577.06
Cap Rate
4.50%
NOI
$165,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.10 AC
Amenities
- Restaurant
- Drive Thru
Property Taxes
| Parcel Number | R-6532-000-0050-1 | Improvements Assessment | $0 |
| Land Assessment | $8,077,331 | Total Assessment | $8,077,331 |
Property Taxes
Parcel Number
R-6532-000-0050-1
Land Assessment
$8,077,331
Improvements Assessment
$0
Total Assessment
$8,077,331
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