Retail Business for Sale in Cockeysville, MD

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Cockeysville, MD 21030

Description

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. 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

Market Context

This retail in Cockeysville, MD is listed for sale. It is offered at an approximate 4.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Cockeysville, MD — <a href="/search/sale/retail/maryland/cockeysville">view the full market</a>.

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