Retail

Chipotle - Gainesville, VA

5025 Wellington Rd Gainesville, Virginia United States 20155-4052
Asking Price
Area Size
NOI Net Operating Income
NIY

Documents

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Attributes

Year Built 2008
Building Area Gross
Occupancy 100.0 %

Asset Description

JLL is pleased to offer the fee-simple interest in a single-tenant Chipotle in Gainesville, VA, a high-growth suburb of Washington D.C. The site is ideally situated at the entrance to Prince William County’s premier shopping center, anchored by Target, Giant Food, and Lowe’s. Virginia Gateway is the second most trafficked shopping center in all of Virginia, seeing over 8.2M annual visitors. The NNN lease features a corporate guaranty from Chipotle, with over 12 years of term remaining, offering a long-term lease structure from an industry-leading tenant.

Investment Highlights

  • Corporate guaranty from Chipotle
  • Over 12 years of term remaining on the NNN lease
  • Early 10-year extension by Chipotle, demonstrating a commitment to the location
  • Ideally situated at the entrance to Virginia's second most visited shopping center
  • Virginia Gateway is anchored by a Super Target, Giant Foods, and Lowe's
  • Top ranking Chipotle - the most visited in the region
  • Off-highway location featuring nearly 77,000 VPD
  • Elite surrounding household income - over $165,000


Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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