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Property profile & analytics
OFF-MARKET Estimated value $685,000
Drive through restaurants

1739 Dual Hwy Hagerstown, MD 21740

2,325 SF 0.67 ac lot Built 2021
Entity Owned Absentee Owner Free & Clear
Property ID
US40-1612649
Property summary
AI-generated overview

This exceptional investment opportunity features a thriving Chipotle restaurant located at 1739 Dual Hwy, Hagerstown, MD 21740, within the Tri-State Plaza. The 2,325 square foot, single-story building sits on a high-traffic retail corridor boasting over 78,000 cars per day, and is minutes from I-70 (72,000+ CPD). This prime location benefits from strong demographics, with a population of 150,516 and an average household income of $85,191 within a 10-mile radius. Surrounding businesses include well-known national brands such as McDonald's, Sonic, Texas Roadhouse, Hampton Inn, and more, ensuring consistent customer traffic. The property is offered as a Net Net Net (NNN) lease, with a single tenant occupancy. This is a turnkey investment opportunity in a robust retail environment, conveniently located 35 minutes from Frederick, MD, and approximately 75 minutes from both Baltimore, MD, and Washington, DC. The property is situated in Washington County, Maryland, and benefits from excellent visibility and accessibility. This is a rare chance to acquire a well-established, high-performing restaurant in a thriving commercial area.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2021
Total area 2,325 SF
Lot 0.67 ac (29,185 SF)
Zoning code CR
APN 17-066786
UPID US40-1612649
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chipotle Mexican Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$898k
Blend (final) Blend
$685k
Owner & transaction history
WASHCO TRISTATE PLAZA LLC
WASHCO TRISTATE PLAZA LLC
Zoning & alternative use
CR · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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