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Chipotle NNN Property
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5830 North Fry Road, Katy, TX 77449

Operating restaurant with a long-term absolute NNN lease and scheduled rent escalations.

Property Size2,385 SF
Lot Size0.89 Acres
Price / SF$1,677
Days on Market6

Property Features for 5830 North Fry Road

General Information

Standard status Active
Size 2,385 SF
Lot size 0.89 Acres
Property subtype Retail
Listing Agency: Northmarq Capital, LLC
Listed By: Anne Perrault · License #OK
Source: Crexi
Added: Sep 14 Changed: Sep 19 Last Checked: Sep 19 at 7:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

This freestanding Chipotle restaurant occupies approximately 2,385 square feet on a 0.89-acre site at 5830 North Fry Road in Katy, Texas. The location is among the early properties using Chipotle’s Habanero prototype, which incorporates updated design elements, sustainability features, and digital-service capabilities.

The property is leased under a new 20-year absolute NNN agreement. Contractual rent increases of 10% occur every 5 years. The site is positioned in a retail corridor anchored by Walmart and Kroger, with additional nearby national retailers including Dutch Bros, ALDI, Domino’s Pizza, Captain D’s, Sonic Drive-In, McDonald’s, and Discount Tire. Walmart and Kroger record 2.5M and 1.2M annual visits, respectively.

Key Highlights

  • New 20‑year absolute NNN lease
  • 10% rent increases every 5 years
  • Approximately 2,385 square feet on a 0.89‑acre lot

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Gym & Fitness Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

480
Businesses Nearby

Demographics for 77449, TX

128,180
Population
40,773
Households
3.1
Avg Household Size
32
Median Age
28%
College-Educated
86%
High-School Grad
27.0 sq mi
ZIP Area
4,747
Density / Sq Mi
$85,934
Median Household Income
$42,015
Median Earnings
$1,755
Median Rent
$236,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Operating restaurant with a long-term absolute NNN lease and scheduled rent escalations.
Where is this nnn property located?
The property is located at 5830 North Fry Road Katy, TX.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: New 20‑year absolute NNN lease; 10% rent increases every 5 years; Approximately 2,385 square feet on a 0.89‑acre lot
More about this property
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