13651 Lake Eloise Loop - Freestanding FOR SALE


Midlothian, VA 23112
$2,057,522 USD
202-847-4200
13651 Lake Eloise Loop, Midlothian, VA for Sale
$2,057,522 USD
Freestanding - FOR SALE
1/6
null | 5.65% Cap Rate

13651 Lake Eloise Loop
Midlothian, VA 23112


HIGHLIGHTS

  • Newer Construction
  • Attractive Rent Increases
  • Dynamic Corporate Tenant
  • Minimal Landlord Responsibilities
  • Strategic Retail Location
  • High Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of a newer construction, corporate leased Chipotle investment property located at 2601 Genito Place in Midlothian, Virginia (the “Property”). Chipotle has 8+ years remaining on their Lease with four (4), 5-year renewal options. The lease features attractive 10% rent increases every five years throughout the primary lease and at the start of each renewal option. Chipotle benefits from an exceptional location at the Route 288 and Genito Road interchange, providing excellent visibility and accessibility within one of Midlothian’s fastest-growing areas. The property is positioned within The Lake, a major mixed-use development that is adding residential, retail, dining, hospitality, office and entertainment uses to the surrounding area, including more than 800 planned residential units. The location also benefits from its proximity to River City Sportsplex, a regional sports and entertainment destination that attracts tournaments and visitors from throughout the Mid-Atlantic, as well as nearby Clover Hill High School. Route 288 provides convenient connectivity to Interstate 64, Interstate 95 and major employment centers throughout the Richmond metropolitan area, while Genito Road connects the property with established and expanding residential communities. With substantial new development, strong residential growth, nearby schools and recreational attractions, and excellent regional accessibility, Chipotle is exceptionally well positioned to benefit from the continued expansion of the Midlothian market.

FOR SALE DETAILS

PRICE

$2,057,522 USD

PRICE/SF

$781 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kyle DanielsonHorvath & TremblayMore Info
202-847-4200

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Kyle DanielsonHorvath & TremblayMore Info
202-847-4200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.