Chipotle
$2,752,000
1953 North Imperial Avenue, El Centro, CA 92243
For Sale
Retail
Restaurant
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
Documents:
| Title | ||
|---|---|---|
|
Chipotle_ElCentroCA.pdf
|
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
