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7111 FM 1464 Rd
Richmond, TX 77407 Mission Bend

$3,148,577 USD

General Retail For Sale  •  2,463 SF

Property Details

• Property Type General Retail
• Total Building Size 2,463 SF
• Lot Size 6.4 AC
• Building Class B
• Year Built 2024
• Cap Rate 4.85 %
• Tenancy Single

0 Transit Score

53 Walk Score

Highlights

Brand-New 2024 Construction With a 20-Year Roof Warranty

15-Year Corporate Lease to Chipotle Mexican Grill, Inc. With Over 13 Years Remaining

10% Rent Increases Every 5 Years, Provides Reliable Income Growth, and Hedge Against Inflation

Corporate Lease to Chipotle Mexican Grill, Inc., The Leading Company in The Fast Casual Restaurant Space With a $57B market Cap (NYSE: CMG)

Located in the Fast-Growing Richmond Submarket of the Houston MSA

High visibility on FM 1464, With Signalized Corner Access, Strong Traffic Counts, and a Drive-Thru

Cap Rate:

4.85 %

Public Transportation

Airport	Drive	Walk	Distance
William P Hobby	47 min	-	31.6 mi
George Bush Intcntl/Houston	49 min	-	40.1 mi