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 |