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.
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Chipotle Mexican Grill Take-out & Catering Catering Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.