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11601 Midlothian Tpke
Midlothian, VA 23113 Midlothian

$2,126,000 USD

Fast Food For Sale  •  531 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 531 SF
  • Lot Size 0.56 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 6.35 %
  • Tenancy Single
  • Zoning C3
0 Transit Score
54 Walk Score

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

Property Flyers

Cap Rate: 6.35 %

Amenities

  • Signage
  • Accent Lighting

Public Transportation

AirportDriveWalkDistance
Richmond International 35 min - 22.7 mi
Barry Wolfe 954-245-3416 Wolfe-Lipsky Retail Group of Marcus & Millichap
Barry Wolfe 954-245-3416 Wolfe-Lipsky Retail Group of Marcus & Millichap