Chipotle — Sale in Woodbridge, VA
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Woodbridge, VA 22193
Photos
Investment Figures
- Cap rate
- 4.85%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Long Term Corporate Lease – The Tenant, Chipotle, is subject to a new 15-year lease that commences Summer 2026. The corporate lease features 10% rental increases every five years, providing a hedge against inflation. Chipotle will operate in a 2,303 square foot restaurant plus an outdoor patio dining area situated upon 0.63-acres. The offering is fee-simple ownership making it available for depreciation. As a longtime leader and innovator in the food industry, Chipotle is publicly traded on the New York Stock Exchange under the ticker NYSE: CMG. Newly Constructed Buildings in Developing Retail Node– Chipotle becomes the latest addition to the Ridgefield Village development at the intersection of Hoadly Road (24,000 VPD) and Ridgefield Village Drive (2,000 VPD). The subject property is adjacent to a newer 3-tenant strip anchored by a Starbucks that averages 200.7K annual visitors, along with Crimson Coward Chicken and a local dental office. Prior to the strip center’s opening, a national daycare operator, Everbrook Academy, opened in 2021 to the rear of the subject parcel. Chipotle will operate next to a newly constructed, AutoZone, which is also available for sale. This collection of uses at Ridgefield Village is high synergistic to drawing an assortment of customers at various times of the day, with various needs. Chipotle “Doubles Down” Adding Unit Near Top Ranked Store! The property is prominently positioned with access from both Ridgefield Village Drive and Hoadly Road. Directly across Hoadly Road is the 105,511 square-foot Harris Teeter-anchored Shops at County Center. Other notable tenants in the center include Chase Bank, Planet Fitness, Cold Stone Creamery, and IHOP. In addition to neighboring retail synergies, Chipotle has experienced tremendous success in the area. There is another location 1.5 miles east along Prince William Parkway, located at 4269 Merchant Plaza. The store is in the 99th percentile chainwide, averaging 411K customer visits annually acc
Market Context
This food service in Woodbridge, VA is listed for sale. It is offered at an approximate 4.8% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Woodbridge, VA — view the full market.
Contact
- Dean Zang · (202) 536-3754 · dean.zang@marcusmillichap.com
- David Crotts · (202) 536-3757 · david.crotts@marcusmillichap.com
- Brian Hosey · (202) 536-3700
- Jared Cassidy · (202) 536-3739 · jared.cassidy@marcusmillichap.com
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