12625 Tomball Pkwy Houston, TX 77086

This exceptional investment opportunity presents a 2,325-square-foot, single-tenant, absolute NNN leased Chipotle restaurant located at 12625 Tomball Parkway, Houston, Texas 77086. The property boasts a new 10-year lease commencing October 1, 2023, and expiring September 30, 2033, with four 5-year renewal options, each including a 10% rent increase. The current annual net operating income (NOI) is $147,000, yielding a 4.00% cap rate on the $3,675,000 asking price. The lease is backed by a corporate guarantee from Chipotle (NYSE: CMG), providing significant security for investors. Situated on a 0.64-acre lot, this one-story, 2023-built building benefits from a high-traffic location with over 59,000 vehicles daily on Tomball Parkway, near the intersection of SH 249 and Antoine Drive. The property enjoys excellent visibility and accessibility, surrounded by other prominent retailers including Walmart, Kroger, Jersey Mike's, Starbucks, and many more. The inclusion of a Chipotlane drive-thru further enhances customer convenience and sales potential. This is an ideal investment for passive investors seeking a stable, high-performing asset with a strong corporate tenant and significant long-term growth potential. The ground lease expires September 30, 2033.