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Chipotle Drive-Through Restaurant

38205 47th Street East, Palmdale, CA 93552

For Sale
Contact for pricing

The corporate-guaranteed lease is absolute NNN and includes scheduled increases and renewal options.

Property Size2,375 SF
Price / SF$1,010
Days on Market26

Property Features for 38205 47th Street East

General Information

Standard status Active
Size 2,375 SF
Property subtype Retail

Additional Details

Drive-Thru Yes
Patio Yes
Tenant in Place Yes
Listing Agency: Newmark | Los Angeles - Downtown
Listed By: Kyle Miller · License CA #01716644
Source: Crexi
Added: Oct 20 Changed: Nov 10 Last Checked: Nov 12 at 7:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark | Los Angeles - Downtown

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Located at 38205 47th Street East in Palmdale, the Chipotle Mexican Grill, Inc. property is a 2,375-square-foot drive-through restaurant with a tenant patio. The restaurant occupies a pad site at 47th Street Pavilion.

The absolute NNN lease carries a corporate guaranty. Rent increases by 10% every five years, and the lease includes three additional five-year options.

Key Highlights

  • 2,375‑square‑foot drive‑through restaurant
  • Tenant patio
  • Chipotle Mexican Grill, Inc. lease with corporate guaranty

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Restaurant Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

336
Businesses Nearby

Demographics for 93552, CA

42,468
Population
11,329
Households
3.7
Avg Household Size
32
Median Age
12%
College-Educated
76%
High-School Grad
38.4 sq mi
ZIP Area
1,106
Density / Sq Mi
$84,894
Median Household Income
$39,764
Median Earnings
$1,851
Median Rent
$414,600
Median Home Value

Market

Average Price Trend$/SF for Drive through restaurants in Los Angeles County, CA

$800 Jul
$881 Aug
$621 Sep
$686 Oct

Properties on Market for Drive through restaurants in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - The corporate-guaranteed lease is absolute NNN and includes scheduled increases and renewal options.
Where is this drive through restaurant located?
The property is located at 38205 47th Street East Palmdale, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 2,375‑square‑foot drive‑through restaurant; Tenant patio; Chipotle Mexican Grill, Inc. lease with corporate guaranty
(310) 227-0826 Call to check price and availability
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