Property summary
This exceptional investment opportunity presents a 2,742 square foot Chipotle restaurant located at 7406 Lee Hwy, Radford, VA 24141. The property boasts a long-term, Net Lease (NNN) agreement with Chipotle Mexican Grill, Inc. (NYSE: CMG), a Fortune 500 company, with 13.1 years remaining on the lease, expiring December 31, 2037. The lease commenced February 28, 2022, and includes four 5-year renewal options. Rent increases of 10% every five years provide a strong hedge against inflation. The… property sits on a 0.75-acre lot and enjoys 100% occupancy. The current Net Operating Income (NOI) is $127,000, yielding a pro-forma cap rate of 5.75% (based on a rent increase in three years). This prime location benefits from high visibility on Lee Highway, a major thoroughfare with over 27,000 vehicles daily. Its proximity to Radford University (8,000 students) and major retailers like Kroger, Walmart, and Lowe's ensures consistent high traffic and customer volume. The corporate guarantee from Chipotle provides significant investment security. This is a rare opportunity to acquire a well-established, high-performing asset in a thriving market. The asking price is $2,419,048.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.84 ac
- APN
- 039-013-0000-0002
- Zoning
- CM1
- Assessed value · 2024
- $1,002,000
- Annual tax · 2024
- $7,415
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
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- Location Insight
- Alternative use
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