4422 Collins St Arlington, TX 76018
- Retail properties
- 2,325 SF
- 0.99 lot acres
Current Use by Public Records
- Retail properties
Property Details for 4422 Collins St
- Year built
- 2024
- Lot size
- 0.99 lot acres
- Property size
- 2,325 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
Exceptional investment opportunity: a brand-new, 2,325 square foot Chipotle restaurant featuring a Chipotlane drive-thru in Arlington, Texas. This single-tenant, absolute NNN net lease boasts a 15-year term commencing October 1, 2024, and includes four 5-year renewal options. The property sits on a 0.99-acre lot at 4422 S Collins St, 76018, benefiting from high visibility on a major thoroughfare with over 29,400 vehicles passing daily and proximity to Interstate 20 (172,500+ VPD). Built in 2024, this location is the first Chipotlane in Arlington, a prototype known for approximately 15% higher sales than traditional Chipotle restaurants. The property offers a 4.50% cap rate with a strong NOI of $158,000 and rent bumps of 10% every five years, ensuring consistent income growth. The area boasts exceptional demographics, including over 343,000 people and an average household income exceeding $102,000 within a 5-mile radius, further supported by a large workforce and student population. This investment is backed by a corporate guarantee and enjoys 100% occupancy. The asking price is $3,512,000, translating to $1,510.54 per square foot. Arlington's thriving economy, anchored by AT&T Stadium and Globe Life Field, provides a robust and stable market for this exceptional investment.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Tarrant
- State
- Texas
- Longitude
- -97.093
- Latitude
- 32.6738
