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Restaurant

Brand New Chipotle w/ Dr-Thru | 15 Year NNN | Houston MSA | Kroger Outparcel & Across from H-E-B

N, 25661 U.S. 59, Kingwood (Houston MSA), TX 77339

Listing Price: $3,978,500

Cap Rate
4.65%
Tenant Name
Chipotle
Years Remaining On Lease
15.2
Gross SF
2,900
Guarantor
Corporate Guarantee
Rentable SF
2,900
Price/Gross SF
$1,371.90
Lease Type
Absolute Net
Rent Per Square Feet
$63.79

Investment Overview

Kingwood is one of northeast Houston’s most established and desirable suburban communities, strategically positioned along Interstate 69/US-59 approximately 25 miles northeast of Downtown Houston. The area benefits from direct access to the greater Houston employment base, George Bush Intercontinental Airport, Humble, Atascocita, New Caney and the rapidly expanding East Montgomery County corridor. Houston-Pasadena-The Woodlands remains one of the nation’s largest and fastest-growing metropolitan areas, reaching approximately 7.9 million residents in 2025.

Kingwood itself is a mature, affluent residential community supported by strong schools, extensive parks and trails, established neighborhoods and a substantial concentration of retail, medical and professional services. Major regional demand drivers include HCA Houston Healthcare Kingwood, a 451-bed acute-care hospital located along US-59, and Lone Star College-Kingwood, which enrolled nearly 14,000 students in spring 2026. Nearby George Bush Intercontinental Airport further strengthens the regional economy, serving more than 48 million passengers in 2025 and providing exceptional national and international connectivity.

The property’s US-59/Northpark Drive location places it at one of Kingwood’s primary commercial gateways. Northpark Drive is undergoing significant infrastructure investment, including expansion to a six-lane divided roadway and improved crossings near Loop 494 and the Union Pacific railroad. The immediate corridor is also supported by major daily-needs retailers and grocers, including Kroger and H-E-B, helping generate consistent traffic and reinforcing Northpark Drive as a primary shopping destination for surrounding households.

Retail demand is further reinforced by continued residential and commercial growth extending north toward Porter and New Caney, including the Grand Parkway/Valley Ranch area. This combination creates a durable consumer base with both established local demand and meaningful future growth potential. Combined with Kingwood’s strong regional accessibility and ongoing infrastructure investment, the surrounding trade area offers compelling long-term fundamentals for retail real estate.

Investment Highlights

  • 15 Year NNN Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 2026 Complete Exterior/Interior Renovation featuring a Drive Thru Pick-Up Lane.
  • 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 $11.92B and a Total Net Worth of more than $2.83B.
  • Premier I-69 / US-59 Freeway Position – The Property Sits Directly Along Northeast Houston's Primary Commuter Artery Near Northpark Drive, Exposing the Site to More than 100,000 Daily Vehicles.
  • Kroger Marketplace-Anchored Retail Node – The Property is Located within The Village at Northpark, a 24-Acre Shopping Center Anchored by Kroger Marketplace, Creating Consistent Daily-Needs Customer Traffic.
  • Directly Across from High-Traffic H-E-B – Positioned Across Northpark Drive from a Major H-E-B Grocery Store, Generating Consistent Daily Traffic and Reinforcing the Intersection as a Primary Shopping Destination for Kingwood Residents.
  • Densely Populated and Affluent Area: Features an Average Household Income of $116k+ and over 131k People Residing within a 5-Mile Radius. Kingwood has experienced Consistent Population Growth over the past few Decades.
  • Kingwood is One of the Largest and most Established Master Planned Communities in Houston. it was Designed to Provide a Balance Between Residential and Commercial Spaces, Emphasizing a Harmonious Coexistence with Nature.
  • Major Healthcare Employment Base Nearby – HCA Houston Healthcare Kingwood Operates a 451-Bed Acute-Care Hospital Supported by More than 1,500 Colleagues and Approximately 600 Physicians. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

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 | Houston MSA | Kroger Outparcel & Across from H-E-B

Listing Price: $3,978,500

Cap Rate
4.65%
Tenant Name
Chipotle
Years Remaining On Lease
15.2
Gross SF
2,900
Guarantor
Corporate Guarantee
Rentable SF
2,900
Price/Gross SF
$1,371.90
Lease Type
Absolute Net
Rent Per Square Feet
$63.79

Investment Highlights

  • 15 Year NNN Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 2026 Complete Exterior/Interior Renovation featuring a Drive Thru Pick-Up Lane.
  • 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 $11.92B and a Total Net Worth of more than $2.83B.
  • Premier I-69 / US-59 Freeway Position – The Property Sits Directly Along Northeast Houston's Primary Commuter Artery Near Northpark Drive, Exposing the Site to More than 100,000 Daily Vehicles.
  • Kroger Marketplace-Anchored Retail Node – The Property is Located within The Village at Northpark, a 24-Acre Shopping Center Anchored by Kroger Marketplace, Creating Consistent Daily-Needs Customer Traffic.
  • Directly Across from High-Traffic H-E-B – Positioned Across Northpark Drive from a Major H-E-B Grocery Store, Generating Consistent Daily Traffic and Reinforcing the Intersection as a Primary Shopping Destination for Kingwood Residents.
  • Densely Populated and Affluent Area: Features an Average Household Income of $116k+ and over 131k People Residing within a 5-Mile Radius. Kingwood has experienced Consistent Population Growth over the past few Decades.
  • Kingwood is One of the Largest and most Established Master Planned Communities in Houston. it was Designed to Provide a Balance Between Residential and Commercial Spaces, Emphasizing a Harmonious Coexistence with Nature.
  • Major Healthcare Employment Base Nearby – HCA Houston Healthcare Kingwood Operates a 451-Bed Acute-Care Hospital Supported by More than 1,500 Colleagues and Approximately 600 Physicians. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

Kingwood is one of northeast Houston’s most established and desirable suburban communities, strategically positioned along Interstate 69/US-59 approximately 25 miles northeast of Downtown Houston. The area benefits from direct access to the greater Houston employment base, George Bush Intercontinental Airport, Humble, Atascocita, New Caney and the rapidly expanding East Montgomery County corridor. Houston-Pasadena-The Woodlands remains one of the nation’s largest and fastest-growing metropolitan areas, reaching approximately 7.9 million residents in 2025. Kingwood itself is a mature, affluent residential community supported by strong schools, extensive parks and trails, established neighborhoods and a substantial concentration of retail, medical and professional services. Major regional demand drivers include HCA Houston Healthcare Kingwood, a 451-bed acute-care hospital located along US-59, and Lone Star College-Kingwood, which enrolled nearly 14,000 students in spring 2026. Nearby George Bush Intercontinental Airport further strengthens the regional economy, serving more than 48 million passengers in 2025 and providing exceptional national and international connectivity. The property’s US-59/Northpark Drive location places it at one of Kingwood’s primary commercial gateways. Northpark Drive is undergoing significant infrastructure investment, including expansion to a six-lane divided roadway and improved crossings near Loop 494 and the Union Pacific railroad. The immediate corridor is also supported by major daily-needs retailers and grocers, including Kroger and H-E-B, helping generate consistent traffic and reinforcing Northpark Drive as a primary shopping destination for surrounding households. Retail demand is further reinforced by continued residential and commercial growth extending north toward Porter and New Caney, including the Grand Parkway/Valley Ranch area. This combination creates a durable consumer base with both established local demand and meaningful future growth potential. Combined with Kingwood’s strong regional accessibility and ongoing infrastructure investment, the surrounding trade area offers compelling long-term fundamentals for retail real estate.

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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