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11601 Midlothian Tpke
Midlothian, VA 23113
7 Brew Coffee · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New, 15-Year, Triple Net (NNN) Ground Lease With 10 Percent Rent Increases Every Five Years Throughout Base Term and Option Periods
  • Prime Location in a Major Retail Corridor – Catty-Corner from Chesterfield Towne Center, the Largest Enclosed Shopping Mall in the Richmond Market
  • Excellent Access and Visibility to More Than 77,0000 Vehicles Daily at a Signalized Intersection of Midlothian Turnpike and Courthouse Road
  • Brand New Location – Under Construction & Targeting to Open February 1, 2025 – Rent to Commence January 1, 2025
  • Affluent Community With Household Income Above National Average – $113,264 in One Mile of the Property, and $126,387 in Five Miles
  • Conveniently Positioned Across from a Planned Mixed-Use Development, Featuring Residential & Retail, Anchored by Whole Foods Market

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,500 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.56 AC
Zoning
C3 - Commercial
Parking
18 Spaces (7.2 Spaces per 1,000 SF Leased)
Frontage
94’ on Midlothian Turnpike

AMENITIES

  • Signage
  • Accent Lighting

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
740-70-85-55-100-000
Land Assessment
$436,800
Improvements Assessment
$0
Total Assessment
$436,800
  • Listing ID: 33744657

  • Date on Market: 11/4/2024

  • Last Updated:

  • Address: 11601 Midlothian Tpke, Midlothian, VA 23113

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