1701 Centerton Blvd Centerton, AR 72719
- Retail properties
- 2,325 SF
- 1.16 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1701 Centerton Blvd
- Year built
- 2024
- Lot size
- 1.16 lot acres
- Property size
- 2,325 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a 2,325 square foot Chipotle restaurant located at 1701 E Centerton Blvd, Bentonville, AR 72719. The property sits on a 1.16-acre lot and boasts a new 20-year absolute NNN lease with a corporate guarantee from an investment-grade tenant. The lease includes rent bumps, ensuring consistent income growth. With a current NOI of $185,000 and an asking price of $3,979,000, this property offers a compelling 4.65% cap rate. Built in 2024, this single-tenant property benefits from its high-visibility location on East Centerton Boulevard, a major thoroughfare with 36,000 vehicles daily. Its proximity to Walmart's corporate headquarters and technology center, along with a strong local demographic profile (average household income over $139,000 within a three-mile radius and nearly 90,000 residents within five miles), ensures consistent customer traffic and long-term value. This is an ideal passive investment opportunity with minimal landlord responsibilities. The property is also well-situated near several high schools, further enhancing its appeal. This is a 1031 exchange eligible property.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Centerton
- County
- Benton
- State
- Arkansas
- Longitude
- -94.2567
- Latitude
- 36.3575
