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120 Merchant St
Winchester, VA 22603
Chipotle - Winchester, VA · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Fee Simple Ownership provides depreciation and a stronger return on investment
  • 10% rental increases every 5 years
  • At entrance to Lowe’s and Target anchored Rutherford Crossing Regional center with Chick-fil-A and McDonald’s
  • Investment grade (NYSE: CMG) Chipotle Mexican Grill, Inc. signed lease
  • Highly anticipated Chipotle prototype featuring CHIPOTLANE drive-thru lane
  • Directly off Interstate 81 (50,000 VPD), 120,000 residents and 77,000 employees in the trade area

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,500 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.91 AC
Zoning
RESTRICTIV
Parking
28 Spaces (9.23 Spaces per 1,000 SF Leased)
Frontage
158’ on Merchant Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
43A-100N
Land Assessment
$1,091,000
Improvements Assessment
$892,558
Total Assessment
$1,983,558
  • Listing ID: 29034526

  • Date on Market: 7/18/2023

  • Last Updated:

  • Address: 120 Merchant St, Winchester, VA 22603

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