Shopping Strip

Habit Burger Grill | Mezeh Mediterranean Grill

11309 Midlothian Turnpike, Richmond, VA 23235

Listing Price: $4,176,667

Cap Rate
6.00%
Gross SF
5,600
Rentable SF
5,600
Price/Gross SF
$745.83
Lot Size
1.16 acres
Year Built
2019

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Habit Burger and Mezeh Mediterranean Grill located at 11309 Midlothian Turnpike in Richmond, Virginia. The property consists of approximately 5,600 square feet of building space and is situated on approximately 1.16 acres of land. Habit Burger is subject to a 15-year Triple Net (NNN) Lease with about 13.7 Years remaining, and Mezeh Mediterranean Grill is subject to a 15-year Triple Net (NNN) lease with over 15 Years remaining.

Investment Highlights

  • Brand New 15 Year Leases
  • Attractive Rent Increases | 10% Every Five (5) Years
  • Corporate Guarantee from Habit Burger Grill | 283+ Locations Personal Guarantee from Mezeh Mediterranean Grill | 26+ Locations

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

  • Judson Kauffman

    Licensed Real Estate Salesperson

    (212) 430-5204

    Email Judson

    License(s): NY: 40KA1034273, NY: 10401296108

    Manhattan

Shopping Strip

Habit Burger Grill | Mezeh Mediterranean Grill

Listing Price: $4,176,667

Cap Rate
6.00%
Gross SF
5,600
Rentable SF
5,600
Price/Gross SF
$745.83
Lot Size
1.16 acres
Year Built
2019

Investment Highlights

  • Brand New 15 Year Leases
  • Attractive Rent Increases | 10% Every Five (5) Years
  • Corporate Guarantee from Habit Burger Grill | 283+ Locations Personal Guarantee from Mezeh Mediterranean Grill | 26+ Locations

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Habit Burger and Mezeh Mediterranean Grill located at 11309 Midlothian Turnpike in Richmond, Virginia. The property consists of approximately 5,600 square feet of building space and is situated on approximately 1.16 acres of land. Habit Burger is subject to a 15-year Triple Net (NNN) Lease with about 13.7 Years remaining, and Mezeh Mediterranean Grill is subject to a 15-year Triple Net (NNN) lease with over 15 Years remaining.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

  • Judson Kauffman

    Licensed Real Estate Salesperson

    (212) 430-5204

    Email Judson

    License(s): NY: 40KA1034273, NY: 10401296108

    Manhattan

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