6917 Independence Pky | Plano, TX 75023
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- LoopNet Team
6917 Independence Pky
Plano, TX 75023
Chipotle - Corporate Guaranteed 20-Year Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Corporate Guaranteed Chipotle
- Rare Drive-Thru “Chipotlane” Concept to Accommodate More Order Volume
- Dense, Infill Location with Over 319,000 Residents within 5 Miles
- Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market
- Scheduled 10% Rental Increases Every 5 Years Throughout the Initial Term and Options Provide for an Excellent Hedge Against Inflation
- Affluent Area with the Average Household Income Exceeding $151,000 within 1 Mile
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,084 SF
Building Class
C
Year Built/Renovated
1994/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.76 AC
Zoning
RT/O-M
Parking
35 Spaces (11.35 Spaces per 1,000 SF Leased)
Frontage
175’ on Independence Pky
AMENITIES
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | R-2407-000-004R-1 | Improvements Assessment | $2,277,802 |
| Land Assessment | $927,567 | Total Assessment | $3,205,369 |
PROPERTY TAXES
Parcel Number
R-2407-000-004R-1
Land Assessment
$927,567
Improvements Assessment
$2,277,802
Total Assessment
$3,205,369
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