Chipotle with Modernized
9701 York Rd, Cockeysville, MD 21030
Chipotle with 13 years remaining on corporate lease.
Type:Retail
Property size:
2,060 SFLot size:
0.52 AcresPrice / SF:
$1,926/SF- Added:
- Mar 5, 2026
- Days on Market:
- 68
- Last Refresh:
- Mar 16 at 2:51 pm
Property Features for 9701 York Rd
General Information
- Standard status
- Active
- Size
- 2,060 SF
- Lot size
- 0.52 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing agent Dean Zang License #MD 665335
Listing office Marcus & Millichap - Washington, D.C.
Listing date Mar 5, 2026
Source Crexi
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 Marcus & Millichap - Washington, D.C.
HighLights
- 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.
- Strong demographics with high average household incomes.
- Chipotle's financial strength, with $11.3 billion in revenue in 2024 and eight consecutive years of revenue growth.
- Modernized Chipotle building with outdoor seating and a 'Chipotlane' drive‑thru.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Drive through restaurants
Location Insight
- Map
- Local Demand
- City
- Cockeysville
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.6327097
- Latitude
- 39.4567062
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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 is the asking price?
The asking price for this property is $3,968,421.
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.
