This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Chipotle 2080 E Warm Springs Rd

2,325 SF 4-Star Retail Building Las Vegas, NV 89119 £2,720,472 (£1,170/SF) 4.35% Net Initial Yield

Investment Highlights

  • Chipotle Mexican Grill, Inc. - (NYSE: CMG)- Strong Corporate Guaranty
  • A+ Real Estate Location - South Las Vegas - Located 2 Miles from Las Vegas Strip - Just South of Harry Reed International Airport
  • Income Tax Free State
  • Brand New 2024 High-Quality Construction - Build-to-Suit For Chipotle's Latest Prototype Design
  • Desirable Location - Strong Retail Corridor with other National Brands - Dense Residential and Commercial Market

Executive Summary

We are pleased to present the opportunity to acquire a Brand New 2024 Construction Chipotle Build-to-Suit with 15-years of term remaining. The Subject property features 10% rent increases every 5-years. Strong Chipotle (NYSE: CMG) Corporate guaranty. The property sits only 2-miles South of the Las Vegas Strip, and sits just South of Harry Reed International Airport.

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,325 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Construction Status
Under Construction
Price
£2,720,472
Price Per SF
£1,170
Net Initial Yield
4.35%
NOI
£118,350
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Land Acres
0.63 AC
Zoning
CG - Commercial General
Parking
20 Spaces (8.6 Spaces per 1,000 SF Leased)
Frontage
156 ft on E Warm Springs Rd

Amenities

  • Signage
  • Drive Thru

Nearby Major Retailers

Walmart Neighborhood Market
Rent-A-Center
Dotty's
Scooter's Coffee
Green Valley Grocery
Chase Bank
Albertsons
Capriotti's
Heidi's Brooklyn Deli
Ping Pong

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
177-02-816-013
Land Assessment
£98,508
Improvements Assessment
£8,464
Total Assessment
£98,508
  • Listing ID: 33602392

  • Date on Market: 22/10/2024

  • Last Updated:

  • Address: 2080 E Warm Springs Rd, Las Vegas, NV 89119

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}