New Chipotle with Chipotlane
895 L St, Crescent City, CA
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New 10-year corporate net lease to Chipotle.
Type:RETAIL
Property size:
2,325 SFLot size:
0.86 AcresPrice / SF:
$1,911/SF- Added:
- Oct 29, 2025
- Days on Market:
- 216
- Last Refresh:
- May 20 at 8:11 pm
Property Features for 895 L St
General Information
- Standard status
- Active
- Size
- 2,325 SF
- Lot size
- 0.86 Acres
- Property subtype
- RETAIL
Listing agent Putnam Daily License #CA 01443387
Listing office Fisher James Capital (510) 289-1166
Listing date Oct 29, 2025
Source Moodyscre
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 Fisher James Capital
HighLights
- New 10‑Year Corporate Net Lease to Chipotle (NYSE: CMG) with Chipotlane Drive‑Thru
- 10% Rental Increases Every 5 Years Throughout Initial Term and Options, Providing a Hedge Against Inflation
- Crescent City's First Chipotle Location with Limited Competition; Only Chipotle within 80 Miles
- Signalized, Hard Corner Location Along US‑101 with Multiple Access Points; 21,300 Combined ADT
- In Close Proximity to Multiple Schools, Providing a Built‑In Customer Base; Less than Two Miles from College of the Redwoods & Del Norte High School
- Just Down the Street from Major Retailers Safeway, Home Depot, Tractor Supply, and Crescent City Cinemas, Driving Significant Traffic
Overview
This property features a new 10-year corporate net lease to Chipotle, a publicly traded company (NYSE: CMG), and includes a Chipotlane drive-thru. The lease incorporates 10% rental increases every 5 years throughout the initial term and options. This is Crescent City's first Chipotle location, offering limited competition, and is the only Chipotle within an 80-mile radius. The property benefits from a signalized, hard corner location along US-101, providing multiple access points and a combined average daily traffic count of 21,300. Its location is in close proximity to multiple schools, including College of the Redwoods (1,200 students) and Del Norte High School (1,000 students), and within walking distance of Crescent Elk Middle School and Joe Hamilton Elementary, totaling approximately 800 students. The property is situated near major retailers such as Safeway, Home Depot, Tractor Supply, and Crescent City Cinemas. Additional neighboring tenants include Grocery Outlet, Dollar Tree, Dutch Bros, Burger King, McDonald's, Starbucks, and multiple hotels. It is located across US-101 from the Del Norte County Fairgrounds, which hosts year-round events. Other nearby tourist destinations include The Redwoods, Ocean World, Crescent City Harbor District, Tolowa Dunes State Park, and Battery Point Lighthouse & Beach. The property is 1.5 miles from Walmart Supercenter and Sutter Coast Hospital (Sutter Health) and less than 3 miles from Del Norte County Regional Airport. Crescent City Harbor is one of the most significant harbors between San Francisco and Portland. The property size is 2,325 square feet.
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
Location Insight
- Map
- Local Demand
- City
- Crescent City
- County
- Del Norte
- State
- California
- Longitude
- -124.197
- Latitude
- 41.7581
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FAQs
What type of property is this?
Drive through restaurant - New 10-year corporate net lease to Chipotle.
Where is this drive through restaurant located?
The property is located at 895 L St Crescent City, CA.
What is the asking price?
The asking price for this property is $4,444,000.
What are key features of this property?
This property features: New 10‑Year Corporate Net Lease to Chipotle (NYSE: CMG) with Chipotlane Drive‑Thru; 10% Rental Increases Every 5 Years Throughout Initial Term and Options, Providing a Hedge Against Inflation; Crescent City's First Chipotle Location with Limited Competition; Only Chipotle within 80 Miles
