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6435 Morro Rd
Atascadero, CA 93422
Chipotle · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Limited drive-thru’s with only 16 allowed in all of Atascadero, proving excellent intrinsic real estate value
  • 10% rental increases every five (5) years in initial term and option periods, providing a passive long-term income generator
  • Chipotle is ranked on the Fortune 500 and is recognized on the 2024 list for Fortune’s Most Admired Companies
  • New 15-year net lease to a major national QSR tenant
  • Chipotle is the only restaurant company of its size that owns and operates all its restaurants

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Property Size
1,940 sq ft
Costar Property Class
B
Year Built
2023
Tenancy
Single
Number of Floors
1
Plot ratio
0.19
Total Plot Size
0.24 ac
Use Class
CT
Parking
22 Spaces (11.34 Spaces per 1,000 sq ft Leased)

AMENITIES

  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
030-212-028
Land Assessment
£182,798
Improvements Assessment
£1,335,564
Total Assessment
£1,518,363
  • Listing ID: 33639168

  • Date on Market: 25/10/2024

  • Last Updated:

  • Address: 6435 Morro Rd, Atascadero, CA 93422

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