9701 York Rd Cockeysville, MD 21030

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.