11601 Midlothian Tpke - Fast Food FOR SALE
Midlothian, VA 23113 |
11601 Midlothian Tpke
Midlothian, VA 23113
HIGHLIGHTS
- New, 15-Year, Triple Net (NNN) Ground Lease With 10 Percent Rent Increases Every Five Years Throughout Base Term and Option Periods
- Brand New Location – Under Construction & Targeting to Open February 1, 2025 – Rent to Commence January 1, 2025
- Prime Location in a Major Retail Corridor – Catty-Corner from Chesterfield Towne Center, the Largest Enclosed Shopping Mall in the Richmond Market
- Affluent Community With Household Income Above National Average – $113,264 in One Mile of the Property, and $126,387 in Five Miles
- Excellent Access and Visibility to More Than 77,0000 Vehicles Daily at a Signalized Intersection of Midlothian Turnpike and Courthouse Road
- Conveniently Positioned Across from a Planned Mixed-Use Development, Featuring Residential & Retail, Anchored by Whole Foods Market
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
7 Brew Coffee
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
2500
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
18
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
740-70-85-55-100-000
