Chipotle

1953 North Imperial Avenue, El Centro, CA

$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

Location
Gallery