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9701 York Rd Cockeysville, MD 21030

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Chipotle with 13 years remaining on corporate lease.

Property size:
2,060 SF
Lot size:
0.52 Acres

Property Features for 9701 York Rd

General Information

Standard status
Active
Size
2,060 SF
Lot size
0.52 Acres

Building Details

Year built
2023

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Listing Contact
Dean Zang
Source: Crexi

Listing Agency: Marcus & Millichap - Washington, D.C. Listing Agent: Dean Zang

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Chipotle with Modernized Drive-Thru

The property is occupied by Chipotle Mexican Grill, Inc., operating in a 2,060-square-foot building with outdoor seating and a "Chipotlane" modernized drive-thru. Chipotle has 13 years remaining on its 15-year lease after 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. The Tenant occupies a 0.52-acre corner parcel at the signaled intersection of York and Padonia Roads. The two heavily traveled roads have a combined daily traffic count of 64,997 vehicles. York Road is the primary route between Downtown Baltimore and the suburban communities of Lutherville, Timonium, Cockeysville, and Hunt Valley. The surrounding community has a blend of urban and suburban settings, a dense commercial corridor, and a top-notch education system. Within three miles, there is a population of 57,432 residents with an average household income of $140,583. Within five miles, there are 112,610 residents with an average household income of $139,812, and a daytime population of 201,326. Chipotle recorded revenues of $11.3 billion in 2024, an increase of over 14% compared to 2023.
Location Intelligence

Current Use by Public Records

Drive through restaurants

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Cockeysville
County
Baltimore
State
Maryland
Longitude
-76.6327097
Latitude
39.4567062

FAQs

What type of property is this?
Drive through restaurant - Chipotle with 13 years remaining on corporate lease.
Where is this drive through restaurant located?
The property is located at 9701 York Rd Cockeysville, MD.
What are key features of this property?
This property features: - Long-term corporate lease with Chipotle, 13 years remaining.; - Strategic corner location at a signaled intersection with high traffic volume.; - Rental increases built into the lease provide a hedge against inflation.
More about this property
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