Chipotle - Princeton, TX_Propriété à vendre
Chipotle - Princeton, TX_Propriété à vendre
800 West Princeton Drive, Princeton, TX, 75407, US

Chipotle - Princeton, TX

Description de l'actif

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer for sale the opportunity to acquire the corporate Chipotle located at 800 W. Princeton Drive in Princeton, TX (the “Property” or “Asset”). Chipotle Mexican Grill, Inc. (the “Tenant”) is the second-largest Mexican chain restaurant in the world.


The Property sits within the new gorcery-anchored Market Street Development and adjacent to Princeton Town Center, a soon to be developed 66-acre power center featuring national tenancy. Princeton is a highly affluent city that has experienced rapid 265% population growth since 2010 in a 1-mile radius boasting household incomes of nearly $106,000. Princeton is undergoing substantial residential growth with several developments planned and underway totaling more than 17,700 single-family units and 5,100 multifamily units.


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Attributs

Prix demandé
3 482 000 $
Taux de capitalisation
5,25 %
RNI
183 000 $
Année de construction
2023
Superficie du bâtiment nette
216 mètres carrés

Média

Points forts de l'investissement

  • Corporate Lease
  • New 10-Year Lease with 10% rent bumps every 5 years
  • Outparcel to a new Market Street development and adjacent to the planned 66-acre Princeton Town Center featuring national retailers
  • US-380 frontage with visibility to 37K vehicles per day
  • High-growth, affluent demographics with 265% population growth since 2010 and AHHI of $110,000 within a 1-mile radius
Chipotle - Princeton, TX 4_Propriété à vendre
Chipotle - Princeton, TX 4_Propriété à vendre

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Chipotle - Princeton, TX (0 Propriétés)

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Dernière mise à jour
14 nov. 2024