Freestanding Restaurant
For Sale
Contact for pricing
Pending
11309 Midlothian Turnpike, Richmond, VA 23235
Two restaurant tenants occupy a standalone commercial property under Double Net lease structures.
Property SizeContact for details
Days on Market143
Property Features for 11309 Midlothian Turnpike
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Richmond
Listed By:
Dawson Rinder · License #VA 0225215181
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 10:11PM
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 Marcus & Millichap - Richmond
Investment Insights
Based on property information with market context.
This freestanding restaurant property contains approximately 5,600 square feet of building space on approximately 1.16 acres. The improvements accommodate two operating restaurant concepts: Habit Burger and Mezeh Mediterranean Grill.
The property is leased to two tenants under Double Net (NN) agreements. Habit Burger has approximately 13.7 years remaining on a 15-year lease, while Mezeh Mediterranean Grill has over 15 years remaining on its 15-year lease. The asset is located at 11309 Midlothian Turnpike in Richmond, Virginia.
The property is leased to two tenants under Double Net (NN) agreements. Habit Burger has approximately 13.7 years remaining on a 15-year lease, while Mezeh Mediterranean Grill has over 15 years remaining on its 15-year lease. The asset is located at 11309 Midlothian Turnpike in Richmond, Virginia.
Key Highlights
- Approximately 5,600 square feet of building space
- Approximately 1.16 acres of land
- Two restaurant tenants: Habit Burger and Mezeh Mediterranean Grill
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,123
Businesses Nearby
122k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Shops & Services 29%
Apparel 22%
Groceries 14%
Michaels
Shops & Services
29,236 visits/mo
0.4 miles
Burlington
Apparel
26,792 visits/mo
0.3 miles
The Fresh Market
Groceries
17,041 visits/mo
0.5 miles
Panera Bread
Dining
12,909 visits/mo
0.4 miles
Firehouse Subs
Dining
9,080 visits/mo
0.2 miles
Demographics for 23235, VA
34,058
Population
14,973
Households
2.3
Avg Household Size
42
Median Age
50%
College-Educated
92%
High-School Grad
17.8 sq mi
ZIP Area
1,913
Density / Sq Mi
$89,959
Median Household Income
$54,403
Median Earnings
$1,663
Median Rent
$324,800
Median Home Value
Market
Vacancy Rate% for Retail in Richmond, VA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Teppanyaki — 1321 carmia way, bon air, va 23235
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two restaurant tenants occupy a standalone commercial property under Double Net lease structures.
Where is this conventional restaurant located?
The property is located at 11309 Midlothian Turnpike Richmond, VA.
What are key features of this property?
This property features: Approximately 5,600 square feet of building space; Approximately 1.16 acres of land; Two restaurant tenants: Habit Burger and Mezeh Mediterranean Grill
