120 Merchant St | Winchester, VA 22603
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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
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
| Parcel Number | 43A-100N | Improvements Assessment | $892,558 |
| Land Assessment | $1,091,000 | Total Assessment | $1,983,558 |
PROPERTY TAXES
Parcel Number
43A-100N
Land Assessment
$1,091,000
Improvements Assessment
$892,558
Total Assessment
$1,983,558
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