- New "Chipotlanes" Prototype with Drive-Thru
- Corporate Lease to a Publicly Traded Company (NYSE: CMG) with a Market Cap of $53 Billion
- Located Across from Walmart Supercenter
- Located Across from McDonald’s doing 117% of Market Average and 121% of National Average in Annual Volume
- Daily Needs Intersection with Over 34,000 VPD
- New Shopping Center Currently Under Construction Adjacent to Site
This freestanding, ± 2,337 square foot Chipotle is situated on ± 0.79 acres of land at the NEQ of Wheatland Road and Clark Road in the Dallas suburb of Duncanville, TX. Chipotle signed a 10-year lease commencing in December of 2021 with five 5-year options featuring 10% rental increases every five years throughout the primary term and option periods. The site has excellent street exposure to a combined traffic count of over 34,000 vehicles per day at the intersection of Wheatland Road and Clark Road. This site is within the Dallas-Fort Worth trade area, approximately 12 miles from downtown Dallas to the north and approximately 23 miles from downtown Fort Worth to the west.
The Dallas-Fort Worth Metroplex is the largest metropolitan area in Texas, the largest in the South, and fourth largest in the U.S. with a population of 7,694,138 according to a May 2021 FRED Economic Data Estimate. Dallas-Fort Worth led the nation in population growth for the past decade (2010-2019), adding 1,349,378 residents to its population. Dallas Business Journal reports Dallas-Fort Worth could see an increase in nearly 1,350,000 residents by 2029 making Dallas-Fort Worth the number one metro in the country for population growth for the second consecutive decade. Overall, Dallas-Fort Worth is the 20th largest metro economy in the world and has a gross metro product exceeding $472 billion. As a result, the Dallas-Fort Worth Metroplex benefits from the 24 Fortune 500 company headquarters and the 43 Fortune 1000 headquarters located throughout Dallas-Fort Worth. Low taxes, a low cost of doing business, and a business-friendly environment continue to drive new job growth and attract new residents to the area.
This Chipotle location benefits from a solid three-mile population with over 64,000 people and an average household income of over $80,000 per year. In addition, this Chipotle is across from a Walmart Supercenter that has operated at this intersection since 2014. Located at the intersection of Wheatland Road and Clark Road, this Chipotle is centrally located for quick access to two major Dallas-Fort Worth transit arteries of Interstate 20 and Highway 67. Located at a dependable daily needs intersection with a strong three-mile population density and being one of the new prototype “Chipotlanes” , this Chipotle gives a buyer the potential opportunity to own an asset that is built for long-term stability.