Chipotle
1953 North Imperial Avenue, El Centro, CA
For Sale
Retail
Restaurant
$3,165,000
Price
5%
Cap Rate
$158,250
NOI
Overview
Cap Rate
5%
NOI
$158,250
Building Size
2,325 sqft
Lot Area
0.57 acres
Occupancy
100%
Lease Type
Double Net
Year Built
2022
Tenancy
Single
Parking Spots
24
Description
Brand new construction with rare 15 year lease
Highlights
- Brand new 15-year corporate (NYSE: CMG) lease with four, 5-year options
- 10% rental increases every five years, including the four, 5-year options
- New construction with the latest prototype building
- Dedicated drive-thru “Chipotlane”
Documents
Title | ||
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Chipotle_ElCentroCA.pdf |