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2612 E Baseline St
Cornelius, OR 97113

$3,772,000 USD

General Retail For Sale  •  2,325 SF

Property Details

  • Property Type General Retail
  • Total Building Size 2,325 SF
  • Lot Size 1.35 AC
  • Building Class C
  • Year Built 2025
  • Zoning C-2
0 Transit Score
54 Walk Score

Highlights

New 15-year absolute NNN lease to Chipotle, a globally recognized Mexican restaurant chain with over 3,800 stores worldwide.
10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth
Tenant handles all taxes, insurance, and maintenance, including roof, structure, and parking lot, ideal for both out-of-area or local investors.
Chipotle, a Fortune 500 company, was named among Fortune’s Most Admired Companies and Time Magazine’s Most Influential Companies in 2024.
In 2024, Chipotle achieved strong growth with total revenue rising 14.6% to $11.3 billion and comparable restaurant sales increasing 7.4%.
The company plans to open 315-345 new restaurants in 2025, with over 80% featuring “Chipotlane” drive-thrus.

Public Transportation

AirportDriveWalkDistance
Portland International 55 min - 32.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 27
Type: Surface
Included in Rent: Yes
Ryan Forsyth 415-413-3005 Cushman & Wakefield
Ryan Forsyth 415-413-3005 Cushman & Wakefield