11450 Midlothian Turnpike

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

11450 Midlothian Turnpike

Richmond, VA 23235
Asking Price
$3.14M
Cap Rate
5.65%
Asset Type
Restaurant Retail
Class
Class B

What's Special

Retail | 5.65% CAP | 6,692 SqFt <ul><li>​Carrabba’s Italian Grill is a nationally recognized casual dining chain with 240+ locations<ul><li>​Bloomin’ Brands Inc. is the parent company (wholly owned subsidiary)</li></ul></li><li>​Midlothian West Retail submarket has a <strong>0.1% general retail vacancy</strong></li><li>​±10 years of remaining lease term (recently extended)</li><li>​Carrabba’s has planned exterior renovation investment supporting long-term occupancy</li><li>​Absolute NNN ground lease</li><li>​Outparcel to Chest

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
2.55%
DSCR
0.43
Underwater
Cash-on-Cash
-11.29%
Monthly Payment
$15,515.217
Annual Cash Flow
$-106,182.603

Location & Travel Times