2423 Hundred Rd Chester, VA 23831

This exceptional investment opportunity presents a 1,800 square foot Chipotle restaurant located in the vibrant Bermuda Square Shopping Center in Chester, Virginia. The property boasts a prime location on West Hundred Road, benefiting from high visibility and excellent traffic counts, with proximity to I-95 (124,000 vehicles daily). The 0.05-acre lot is part of a thriving retail center anchored by Hobby Lobby and Burlington, with additional nearby businesses including Little Caesars, Valvoline, Sleep Number, Raising Cane's, and Aspen Dental. Chipotle operates under a strong, corporately guaranteed net lease with a remaining term of approximately 2.9 years, followed by two 5-year options with significant rent bumps exceeding 12% each. The lease commenced October 19, 2012, and expires October 30, 2027. Built in 1978 and renovated in 2012, this property offers a 5.94% cap rate and a Net Operating Income (NOI) of $77,160 on an asking price of $1,299,999. The property enjoys 100% occupancy and a rent-to-sales ratio of 2% based on sales exceeding $3.5 million. This is a rare opportunity to acquire a well-established, high-performing Chipotle location with a proven track record and significant upside potential. The property's location, strong tenant, and favorable lease terms make it an attractive investment for discerning buyers. The parcel number is 799-65-44-64-200-000.