Chipotle Mexican Grill 8121 Ranch View West 2,325 SF Retail Building San Antonio, TX 78254 $4,022,000 ($1,729.89/SF) 4.60% Cap Rate

DuWest Realty Investment Services Duwest Realty Investment Services has been exclusively retained to market for sale Chipotle in San Antonio, Texas ("The Property"). The Property is a corporately-backed absolute NNN lease with a 15-year primary term. The building recently finalized construction and held their grand opening with a rent commencement date of November 7, 2025. The site fronts Culebra Road, a major eastwest thoroughfare in San Antonio averaging over 46,000 VPD. Excellent visibility and access, close proximity to Harlan High School with 3,598 students, in addition to rapid development and housing growth in the immediate area - make this site unparalleled.
Chipotle is a popular fast casual dining operator with a focus on local and organic ingredients. The food is made fresh daily and free of artificial flavors, colors, and preservatives. The company currently has over 3,800 locations, and is steadily growing to include new locations in their portfolio. Since becoming public in 2006, Chipotle's stock, (NYSE:CMG), has climbed to over $39.00 per share with a market cap of $55.49 billion. In 2024, Chipotle reported over $11 billion in annual revenue.
Northwest San Antonio has become one of the city’s fastest-growing regions, fueled by steady population increases, new housing developments, and expanding commercial hubs. Master-planned communities like Alamo Ranch, multifamily projects like Kallison Ranch, and retail centers are reshaping the landscape, while major anchors like H-E-B continue to expand their footprint near Loop 1604. Between 2000 and 2020, the area’s population more than doubled, and growth shows no signs of slowing as families and businesses are drawn to its suburban amenities and proximity to major employers.
The acquisition of this Chipotle offers investors an outstanding 15-year corporate lease, staggered 10% income increases every 5 years, and zero landlord responsibility. This submarket of San Antonio's residential development and overall growth story is a testament to the overall attractiveness the area continues to offer.