Property summary
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.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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