NNN Restaurant
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1430 Richmond Rd, Williamsburg, VA 23185
Full-service Mexican restaurant operated under a net lease structure in an established retail center.
Property SizeContact for details
Days on Market143
Property Features for 1430 Richmond Rd
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
24,000 vehicles/day
Listing Agency:
JLL - New York City, New York
Listed By:
Alex Geanakos · License #IL: #475.189621
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 11:27AM
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 JLL - New York City, New York
Investment Insights
Based on property information with market context.
The property is a full-service Mexican restaurant within the Shops at High Street retail center at 1430 Richmond Rd in Williamsburg, Virginia. The center is 98% occupied, and the restaurant is operated by Plaza Azteca, a chain with more than 60 locations across the eastern U.S. The lease is structured as net lease with limited landlord responsibilities, and no contractual lease options remain.
Richmond Road provides exposure to 24,000 VPD. The property is less than 2 miles from William & Mary, which enrolls more than 9,500 full-time students. Nearly 900 apartment units are located within three blocks, including the adjacent 367-unit High Street Apartments, delivered in 2019. Average annual household incomes exceed $123,000 within a 5-mile radius, while the surrounding 1-mile population has grown 33% since 2010.
Richmond Road provides exposure to 24,000 VPD. The property is less than 2 miles from William & Mary, which enrolls more than 9,500 full-time students. Nearly 900 apartment units are located within three blocks, including the adjacent 367-unit High Street Apartments, delivered in 2019. Average annual household incomes exceed $123,000 within a 5-mile radius, while the surrounding 1-mile population has grown 33% since 2010.
Key Highlights
- Full‑service Mexican restaurant operated by Plaza Azteca, a chain with over 60 locations throughout the eastern U.S region
- Net lease structure with limited landlord responsibilities
- Located within Shops at High Street, a 98% occupied retail center
Property Analytics
Current Use
Lease Details
24,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
644
Businesses Nearby
397k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 16%
Apparel 11%
Groceries 9%
Marshalls
Apparel
33,515 visits/mo
0.5 miles
Aldi
Groceries
27,237 visits/mo
0.2 miles
Cracker Barrel Old Country Store
Dining
26,287 visits/mo
0.4 miles
McDonald's
Dining
22,305 visits/mo
0.4 miles
Ollie's Bargain Outlet
Shops & Services
20,251 visits/mo
0.2 miles
Demographics for 23185, VA
51,566
Population
22,879
Households
2.3
Avg Household Size
40
Median Age
52%
College-Educated
94%
High-School Grad
57.2 sq mi
ZIP Area
902
Density / Sq Mi
$103,507
Median Household Income
$40,724
Median Earnings
$1,425
Median Rent
$413,500
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 - Full-service Mexican restaurant operated under a net lease structure in an established retail center.
Where is this conventional restaurant located?
The property is located at 1430 Richmond Rd Williamsburg, VA.
What are key features of this property?
This property features: Full‑service Mexican restaurant operated by Plaza Azteca, a chain with over 60 locations throughout the eastern U.S region; Net lease structure with limited landlord responsibilities; Located within Shops at High Street, a 98% occupied retail center
