Property summary
Exceptional investment opportunity: a brand-new, 2,325 square foot Chipotle restaurant in Crescent City, California, situated on a 0.85-acre lot. This is a single-tenant, net lease (NN+) property with a corporate guarantee from a Fortune 500 company, offering a secure and passive income stream. The 10-year lease commenced October 15, 2024, and expires October 31, 2034, featuring built-in rent bumps. The property boasts a 4.50% cap rate and a net operating income (NOI) of $200,000. Built in… 2024, this location is the only Chipotle within an 80-mile radius, serving a population of 23,163 residents within a 10-mile radius, with an average annual household income of $88,460. Its strategic location at the signalized intersection of L Street and 9th Street on US Highway 101 ensures high visibility and accessibility, benefiting from over 7,700 vehicles passing daily. The property's proximity to schools (Joe Hamilton Elementary, Crescent Elk Middle, College of the Redwoods, and Del Norte High School) and tourist attractions (Del Norte County Fairgrounds, Ocean World, Crescent City Harbor District, and Battery Point Beach) further enhances its appeal. The site also benefits from its proximity to major national retailers like Walmart, Safeway, Grocery Outlet, Dollar Tree, and CVS. The restaurant incorporates a dedicated "Chipotlane" drive-thru for added customer convenience. This is a 1031 exchange eligible property.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Location Insight
- Alternative use
- Local Zoning Insight