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8201 S I-35E
Corinth, TX 76210
Chipotle - Ground Lease · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
4,440 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.31 AC
Zoning
C-2
Parking
33 Spaces (7.43 Spaces per 1,000 SF Leased)
Frontage
610’ on Swisher & 35E Rd N

AMENITIES

  • Corner Lot
  • Signalized Intersection
  • Drive Thru

ABOUT 8201 S I-35E , CORINTH, TX 76210

DB2RE INVESTMENT SALES is proud to present the Chipotle Mexican Grill Ground Lease (the “Property”) located at 8201 S. Interstate 35E in Corinth, Texas. Scheduled for a November 27, 2019 opening, Chipotle offers investors an excellent absolute NNN ground lease investment backed by the corporate guarantee of Chipotle Mexican Grill, Inc (NYSE: CMG). New ownership will also enjoy a brand new ten (10) year primary term with four (4) five-year renewal options with 10% increases at each option. Located in the DFW submarket of Corinth, Chipotle is at the heart of one of the fastest growing and affluent markets in the DFW Metroplex. Within a three and five mile radius there are 39,366 and 116,149 residents boasting staggering average household incomes of $113,498 and $120,839 respectively. Situated at the entrance to Corinth, Chipotle is strategically positioned at the main lighted intersection at the NEC of Interstate 35E and Swisher Road. The Property boasts unmatched visibility and convenient access to traffic headed east and west along Swisher Road and exiting / merging onto I-35E from the north and south. Both thoroughfares serve as the primary arteries, connecting Corinth to downtown Dallas, Denton, Frisco and Lake Lewisville. As the main retail corridor, Chipotle is surrounded by an array of national credit tenants, upscale residential communities and additional traffic generators. Surrounding Chipotle is over 1,000 upscale apartment units, over 1,300 students from neighboring schools, Lake Lewisville, Kensington Square Mall and national retailers that include: Walmart, Albertsons, Starbucks, McDonalds, Popeyes, Chick-Fil-A, QuikTrip and AMC, among many more.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R700321
Land Assessment
$1,723,669
Improvements Assessment
$626,331
Total Assessment
$2,350,000
  • Listing ID: 17542776

  • Date on Market: 10/24/2019

  • Last Updated:

  • Address: 8201 S I-35E, Corinth, TX 76210

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