Chipotle NNN
60 MacCorkle Avenue Southwest, South Charleston, WV 25303
For Sale
Contact for pricing
A newly built Chipotle location has a corporate net lease with multiple renewal options.
Property SizeContact for details
Days on Market29
Property Features for 60 MacCorkle Avenue Southwest
General Information
Standard status
Property subtype
Additional Details
Highway Access
Tenant in Place
Listing Agency:
Interstate Realty Company
Listed By:
Mike Nidiffer · License WV WV00338200
(423) 341-2266
Source:
Crexi
Added: Oct 13
Changed: Nov 8
Last Checked: Nov 8 at 6:18PM
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 Interstate Realty Company
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Investment Insights
Based on property information with market context.
This newly constructed Chipotle property is occupied under a corporate net lease with a 15-year initial term. The agreement includes four 5-year renewal options, with rent increases of 10% at five-year intervals during the initial term and scheduled increases when renewal options begin.
At 60 MacCorkle Avenue Southwest in South Charleston, the site has access to Interstate 64 via Exit 54. It sits beside Park Place, whose retail anchors include Kroger Marketplace and Menards. Nearby destinations include the West Virginia Regional Technology Park, BridgeValley Community & Technical College, and Marshall University South Charleston. The surrounding trade area also includes national retailers, restaurants, healthcare providers, service businesses, and industrial and manufacturing employers.
At 60 MacCorkle Avenue Southwest in South Charleston, the site has access to Interstate 64 via Exit 54. It sits beside Park Place, whose retail anchors include Kroger Marketplace and Menards. Nearby destinations include the West Virginia Regional Technology Park, BridgeValley Community & Technical College, and Marshall University South Charleston. The surrounding trade area also includes national retailers, restaurants, healthcare providers, service businesses, and industrial and manufacturing employers.
Key Highlights
- Newly constructed Chipotle property under a corporate net lease
- 15‑year initial lease term with four 5‑year renewal options
- 10% rent increases every five years during the initial term, with scheduled increases at renewal starts
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
179k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Apparel 27%
Groceries 20%
Shops & Services 19%
T.J. Maxx
Apparel
43,108 visits/mo
0.2 miles
Kroger
Groceries
35,039 visits/mo
0.1 miles
Krispy Kreme Doughnuts
Dining
29,727 visits/mo
0.2 miles
Burger King
Dining
16,483 visits/mo
0.2 miles
Dollar Tree
Shops & Services
16,113 visits/mo
0.2 miles
Demographics for 25303, WV
6,946
Population
3,558
Households
2
Avg Household Size
42
Median Age
46%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
1,929
Density / Sq Mi
$73,975
Median Household Income
$43,625
Median Earnings
$1,036
Median Rent
$167,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - A newly built Chipotle location has a corporate net lease with multiple renewal options.
Where is this nnn property located?
The property is located at 60 MacCorkle Avenue Southwest South Charleston, WV.
What is the asking price?
The asking price for this property is $3,090,000.
What are key features of this property?
This property features: Newly constructed Chipotle property under a corporate net lease; 15‑year initial lease term with four 5‑year renewal options; 10% rent increases every five years during the initial term, with scheduled increases at renewal starts
