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Restaurant

Brand New Chipotle w/ Dr-Thru | 15 Year NNN | Dual Grocery Anchors | Part of 543-Acre Development

1555 South Southwest Loop 323, Tyler (Northeast Texas), TX 75709

Listing Price: $3,997,000

Cap Rate
4.75%
Tenant Name
Chipotle
Years Remaining On Lease
15.2
Gross SF
2,385
Guarantor
Corporate Guarantee
Rentable SF
2,385
Price/Gross SF
$1,675.89
Lease Type
Absolute Net
Rent Per Square Feet
$79.66

Investment Overview

Tyler, Texas stands as the undisputed commercial, medical, and economic capital of East Texas, anchoring a metropolitan statistical area of approximately 657,500 residents projected to reach nearly 678,000 by 2030. Situated approximately 90 miles east of Dallas along US Highway 69, Tyler serves as the dominant regional hub for healthcare, education, retail, and professional services across a 41-county trade area in Northeast Texas.

The city’s economic foundation is exceptionally diverse and resilient. Tyler’s post-pandemic employment growth reached 10.6%, surpassing both the Texas state average of 10.2% and the national rate of 4.4%, according to economist Dr. Ray Perryman. Healthcare leads the employment base, with CHRISTUS Trinity Mother Frances Health System, UT Health East Texas, and Baylor Scott & White Texas Spine & Joint Hospital collectively employing over 19,000 workers. Education follows closely, anchored by Tyler Junior College — one of Texas’s largest community colleges with over 12,000 credit students — and the University of Texas at Tyler, which is jointly developing a $308 million medical education complex with UT Health East Texas.

The city’s retail infrastructure is equally commanding. Broadway Square Mall, anchored by Dillard’s and positioned at the intersection of US 69 and Loop 323, serves as the region’s primary shopping destination. The Village at Cumberland Park adds over 700,000 square feet of additional retail on 80 acres at South Broadway and Toll Loop 49. Most significantly, the 543-acre Bellwood mixed-use development at Loop 323 and Earl Campbell Parkway is actively delivering Brookshire’s, Chick-fil-A, Chipotle, Freddy’s Frozen Custard, and 7 Brew to Tyler’s fastest-growing west side submarket.

Tyler holds official designation as a certified retirement community, attracting affluent residents with significant disposable income, further strengthening the city’s long-term consumer demand fundamentals.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 High Quality Construction.
  • Chipotle is one of the Largest Mexican Restaurant Chains in the U.S. in terms of Sales and Number of Locations, w/ an Annual Revenue in Excess of $11.92 Billion, a Total Net Worth of more than $2.83B.
  • Positioned on Tyler's Highest-Traffic Retail Artery - Loop 323 Carries more than 36k VPD, Delivering Exceptional Visibility & Access to the Subject Property along Tyler's Primary Commercial Corridor.
  • Ideally Positioned at the Entry to the Bellwood Mixed-Use Development - Encompassing ±230 Acres of Single-Family Homes, ±80 Acres of Multifamily, Senior Living, Active Adult Community, and Medical and Flex Office Uses.
  • Dual Grocery Anchors Drive Exceptional Regional Shopper Traffic - The Property Sits Adjacent to Sam's Club while Brookshire's - a Beloved Tyler-Based Grocer - Breaks Ground in July Nearby, Creating Dual Grocery Anchors that Pull Thousands of Shoppers into the Corridor Weekly.
  • Directly Across from Tyler Junior College - TJC's West Campus, Home to Thousands of Students and Faculty Annually, Sits Directly Across Loop 323, Providing the Subject Property with a Built-In, Recurring Daytime Customer Base.
  • Regional Healthcare Hub - CHRISTUS Mother Frances, UT Health East Texas, and Baylor Scott & White Texas Spine & Joint Hospital Collectively Employ over 19,000 Workers within the Surrounding Trade Area.
  • Tyler EDC Prioritizes Growth Along This Developing Corridor - The Tyler Economic Development Council has Designated Loop 323 and Earl Campbell Parkway a Priority Development Zone, Actively Recruiting Retailers and Businesses to This Fast-Expanding West Tyler Submarket. Densely Populated and Affluent Area: Features an Average Household Income of More than $172k within a 1-Mile Radius and over 103k People Residing within a 5-Mile Radius. Tyler MSA Population Projected to Reach 678,000 by 2030.

Exclusively Listed By

  • Alvin Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • David Kern

    Managing Director Investments

    (858) 373-3185

    Email David

    License(s): CA: 01878012

    San Diego Downtown

Broker of Record

  • Alvin Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s) TX: 0606255

    Texas

Restaurant

Brand New Chipotle w/ Dr-Thru | 15 Year NNN | Dual Grocery Anchors | Part of 543-Acre Development

Listing Price: $3,997,000

Cap Rate
4.75%
Tenant Name
Chipotle
Years Remaining On Lease
15.2
Gross SF
2,385
Guarantor
Corporate Guarantee
Rentable SF
2,385
Price/Gross SF
$1,675.89
Lease Type
Absolute Net
Rent Per Square Feet
$79.66

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 High Quality Construction.
  • Chipotle is one of the Largest Mexican Restaurant Chains in the U.S. in terms of Sales and Number of Locations, w/ an Annual Revenue in Excess of $11.92 Billion, a Total Net Worth of more than $2.83B.
  • Positioned on Tyler's Highest-Traffic Retail Artery - Loop 323 Carries more than 36k VPD, Delivering Exceptional Visibility & Access to the Subject Property along Tyler's Primary Commercial Corridor.
  • Ideally Positioned at the Entry to the Bellwood Mixed-Use Development - Encompassing ±230 Acres of Single-Family Homes, ±80 Acres of Multifamily, Senior Living, Active Adult Community, and Medical and Flex Office Uses.
  • Dual Grocery Anchors Drive Exceptional Regional Shopper Traffic - The Property Sits Adjacent to Sam's Club while Brookshire's - a Beloved Tyler-Based Grocer - Breaks Ground in July Nearby, Creating Dual Grocery Anchors that Pull Thousands of Shoppers into the Corridor Weekly.
  • Directly Across from Tyler Junior College - TJC's West Campus, Home to Thousands of Students and Faculty Annually, Sits Directly Across Loop 323, Providing the Subject Property with a Built-In, Recurring Daytime Customer Base.
  • Regional Healthcare Hub - CHRISTUS Mother Frances, UT Health East Texas, and Baylor Scott & White Texas Spine & Joint Hospital Collectively Employ over 19,000 Workers within the Surrounding Trade Area.
  • Tyler EDC Prioritizes Growth Along This Developing Corridor - The Tyler Economic Development Council has Designated Loop 323 and Earl Campbell Parkway a Priority Development Zone, Actively Recruiting Retailers and Businesses to This Fast-Expanding West Tyler Submarket. Densely Populated and Affluent Area: Features an Average Household Income of More than $172k within a 1-Mile Radius and over 103k People Residing within a 5-Mile Radius. Tyler MSA Population Projected to Reach 678,000 by 2030.

Investment Overview

Tyler, Texas stands as the undisputed commercial, medical, and economic capital of East Texas, anchoring a metropolitan statistical area of approximately 657,500 residents projected to reach nearly 678,000 by 2030. Situated approximately 90 miles east of Dallas along US Highway 69, Tyler serves as the dominant regional hub for healthcare, education, retail, and professional services across a 41-county trade area in Northeast Texas. The city’s economic foundation is exceptionally diverse and resilient. Tyler’s post-pandemic employment growth reached 10.6%, surpassing both the Texas state average of 10.2% and the national rate of 4.4%, according to economist Dr. Ray Perryman. Healthcare leads the employment base, with CHRISTUS Trinity Mother Frances Health System, UT Health East Texas, and Baylor Scott & White Texas Spine & Joint Hospital collectively employing over 19,000 workers. Education follows closely, anchored by Tyler Junior College — one of Texas’s largest community colleges with over 12,000 credit students — and the University of Texas at Tyler, which is jointly developing a $308 million medical education complex with UT Health East Texas. The city’s retail infrastructure is equally commanding. Broadway Square Mall, anchored by Dillard’s and positioned at the intersection of US 69 and Loop 323, serves as the region’s primary shopping destination. The Village at Cumberland Park adds over 700,000 square feet of additional retail on 80 acres at South Broadway and Toll Loop 49. Most significantly, the 543-acre Bellwood mixed-use development at Loop 323 and Earl Campbell Parkway is actively delivering Brookshire’s, Chick-fil-A, Chipotle, Freddy’s Frozen Custard, and 7 Brew to Tyler’s fastest-growing west side submarket. Tyler holds official designation as a certified retirement community, attracting affluent residents with significant disposable income, further strengthening the city’s long-term consumer demand fundamentals.

Exclusively Listed By

  • Alvin Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • David Kern

    Managing Director Investments

    (858) 373-3185

    Email David

    License(s): CA: 01878012

    San Diego Downtown

Broker of Record

  • Alvin Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

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