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Chipotle

$2,752,000

1953 North Imperial Avenue, El Centro, CA 92243

Pending
Last Updated: 08/12/2024

5.75

Cap Rate

158,250

NOI

Details:
Cap Rate:    5.75%
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
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”
Description:

Brand new construction with rare 15 year lease

Map:
Documents:
Title
Chipotle_ElCentroCA.pdf
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Location
Gallery