Freestanding Chili's Absolute Net
For Sale
Contact for pricing
1025 Richmond Ave, Staunton, VA 24401
Freestanding restaurant property offered under an Absolute Net Lease with no landlord responsibilities.
Property SizeContact for details
Days on Market127
Property Features for 1025 Richmond Ave
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Antonoff & Co
(303) 623-0200
Listed By:
Jeffrey Hirschfeld · License #CO ER.001314346
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 1:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Antonoff & Co
Investment Insights
Based on property information with market context.
This freestanding Chili’s restaurant is offered for sale with an Absolute Net Lease structure and no landlord responsibilities. The property was recently purchased by Brinker International in the fourth quarter of 2021 as part of a corporate acquisition of 23 restaurants owned by a Mid-Atlantic franchisee.
The location is directly off Interstate 81 (I-81), a frequently used trucking route. The property sits along a retail and commercial thoroughfare with nearby businesses including Wal-Mart, Lowe’s, McDonald’s, Chipotle, and other national retailers and service establishments.
The asset is a conventional restaurant use and is positioned to serve both year-round residents and visitors to the Staunton area.
The location is directly off Interstate 81 (I-81), a frequently used trucking route. The property sits along a retail and commercial thoroughfare with nearby businesses including Wal-Mart, Lowe’s, McDonald’s, Chipotle, and other national retailers and service establishments.
The asset is a conventional restaurant use and is positioned to serve both year-round residents and visitors to the Staunton area.
Key Highlights
- Freestanding Chili’s restaurant property offered under an Absolute Net Lease with NO landlord responsibilities
- Purchased by Brinker International in Q4 2021 as part of a corporate acquisition of 23 Mid‑Atlantic restaurants
- Directly off Interstate 81 (I‑81), a regularly used trucking route
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
259
Businesses Nearby
476k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Shops & Services 22%
Superstores 20%
Groceries 10%
Walmart
Superstores
95,495 visits/mo
0.1 miles
Sheetz
Shops & Services
69,053 visits/mo
0.2 miles
Chick-fil-A
Dining
49,303 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
33,359 visits/mo
0.2 miles
McDonald's
Dining
28,824 visits/mo
0.3 miles
Demographics for 24401, VA
38,522
Population
18,056
Households
2.1
Avg Household Size
43
Median Age
32%
College-Educated
93%
High-School Grad
132.4 sq mi
ZIP Area
291
Density / Sq Mi
$63,746
Median Household Income
$41,412
Median Earnings
$1,002
Median Rent
$253,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant property offered under an Absolute Net Lease with no landlord responsibilities.
Where is this conventional restaurant located?
The property is located at 1025 Richmond Ave Staunton, VA.
What are key features of this property?
This property features: Freestanding Chili’s restaurant property offered under an Absolute Net Lease with NO landlord responsibilities; Purchased by Brinker International in Q4 2021 as part of a corporate acquisition of 23 Mid‑Atlantic restaurants; Directly off Interstate 81 (I‑81), a regularly used trucking route
