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Chipotle Drive-Through Restaurant
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2601 Genito Place, Midlothian, VA 23112

Corporate-leased restaurant positioned at the Route 288 and Genito Road interchange in Midlothian.

Property SizeContact for details
Days on Market5

Property Features for 2601 Genito Place

General Information

Standard status Active
Property subtype Retail

Additional Details

Road Access Yes
Listing Agency: Horvath & Tremblay Alexandria
Listed By: Kyle Danielson · License #9538605
Source: Crexi
Added: Sep 14 Changed: Sep 17 Last Checked: Sep 16 at 2:32PM

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 Horvath & Tremblay Alexandria

Investment Insights

Based on property information with market context.

This newer-construction Chipotle restaurant is subject to a corporate lease with more than 8 years remaining on the initial term. The agreement includes four 5-year renewal options and provides 10% rent increases every five years during the primary term and when each option begins.

Located at 2601 Genito Place in Midlothian, the property sits at the Route 288 and Genito Road interchange within The Lake, a mixed-use development planned to include more than 800 residential units alongside retail, dining, hospitality, office, and entertainment uses. River City Sportsplex and Clover Hill High School are nearby. Route 288 connects the site with I-64, I-95, and employment centers across the Richmond metropolitan area, while Genito Road serves surrounding residential communities.

Key Highlights

  • Chipotle corporate lease has 8+ years remaining
  • Four (4), 5‑year renewal options
  • 10% rent increases every five years during the primary lease and at each renewal option

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Law Firm Auto Repair Shop Pharmacy Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

386
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 99% Shops & Services 1%
Food Lion Grocery Store Groceries
29,924 visits/mo 0.5 miles
Terminix Shops & Services
330 visits/mo 0.5 miles

Demographics for 23112, VA

54,592
Population
21,511
Households
2.5
Avg Household Size
39
Median Age
50%
College-Educated
97%
High-School Grad
32.1 sq mi
ZIP Area
1,701
Density / Sq Mi
$117,716
Median Household Income
$57,772
Median Earnings
$1,706
Median Rent
$366,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Corporate-leased restaurant positioned at the Route 288 and Genito Road interchange in Midlothian.
Where is this drive through restaurant located?
The property is located at 2601 Genito Place Midlothian, VA.
What is the asking price?
The asking price for this property is $2,057,522.
What are key features of this property?
This property features: Chipotle corporate lease has 8+ years remaining; Four (4), 5‑year renewal options; 10% rent increases every five years during the primary lease and at each renewal option
More about this property
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