7406 Lee Hwy | Radford, VA 24141
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7406 Lee Hwy
Radford, VA 24141
Chipotle - Radford, VA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term NNN Lease With 13 Years Remaining
- Strong Hedge Against Inflation With 10% Rent Increases Every Five (5) Years
- Chipotle is Ranked #450 on the Fortune 500 List; 2022 Net Income of $899 Million, an Increase of 37.70% Over 2021
- Pro-Forma CAP Rate of 5.75%, Based on Rent Increase in 3 Years
- Corporate Lease to Chipotle Mexican Grill Inc., the Leading Company in the Fast Casual Restaurant Space With a $57B Market Cap
- In Close Proximity to Kroger, Providing For Ample Foot Traffic and High Daily Traffic Counts
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,742 SF
Building Class
C
Year Built
1980
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.75 AC
Zoning
CM1
PROPERTY TAXES
| Parcel Number | 13717 | Improvements Assessment | $869,892 |
| Land Assessment | $500,383 | Total Assessment | $1,370,275 |
PROPERTY TAXES
Parcel Number
13717
Land Assessment
$500,383
Improvements Assessment
$869,892
Total Assessment
$1,370,275
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