Restaurant
Chipotle | Exceptional Location | 65k VPD!
9701 York Rd, Cockeysville, MD 21030
Listing Price: $3,968,421
Investment Overview
The Tenant, Chipotle Mexican Grill, Inc., is subject to a new 15-year lease with the unit’s opening in March 2024. The corporate lease features a rental increase of 8.5% in year six, and 10 percent every five years thereafter, providing an excellent hedge against inflation. Chipotle operates in a 2,060-square-foot building with outdoor seating and a "Chipotlane" modernized drive-thru. A longtime leader and innovator in the food industry, Chipotle is publicly traded on the New York Stock Exchange under the ticker NYSE: CMG.
Exclusively Listed By
Financing By
Listing Price: $3,968,421
Investment Highlights
- Trophy Corner Location at York and Padonia Roads; 66,296 VPD
- Newly Constructed Location with "Chipotlane" Drive-Thru
- Baltimore MSA's Number One Retail Corridor
Investment Overview
The Tenant, Chipotle Mexican Grill, Inc., is subject to a new 15-year lease with the unit’s opening in March 2024. The corporate lease features a rental increase of 8.5% in year six, and 10 percent every five years thereafter, providing an excellent hedge against inflation. Chipotle operates in a 2,060-square-foot building with outdoor seating and a "Chipotlane" modernized drive-thru. A longtime leader and innovator in the food industry, Chipotle is publicly traded on the New York Stock Exchange under the ticker NYSE: CMG.
Exclusively Listed By
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
