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Off Market
1/3

1122 W Main St
Salem, VA 24153


HIGHLIGHTS

  • Approximately 13.4 years left on the 15-year primary term
  • 10% rental increases every five years, including four 5-year option periods
  • Dedicated drive-thru “Chipotlane”
  • Traffic counts exceed 25,000 VPD
  • Plethora of surrounding retail includes Lowe’s Home Improvement, Chick-fil-A, McDonald’s, Starbucks, Burger King, Big Lots, Tractor Supply Co.
  • Desirable sub-market of Roanoke, the largest city in Southwest Virginia - Award-winning for its livability, healthcare and educational systems

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Chipotle

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

2880

STORIES

1

YEAR BUILT

2020

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

141-2-4