2885 Prince St Conway, AR 72034-3637

This exceptional investment opportunity presents a 2,532 square foot Chipotle restaurant in Conway, Arkansas, operating under a new 15-year absolute NNN lease commencing December 1, 2024, and expiring November 30, 2039. The lease includes 10% rent increases every five years, ensuring consistent passive income growth. Located on a 0.78-acre lot at a prime corner intersection, the property benefits from high visibility and accessibility, situated near the University of Central Arkansas (over 8,570 students), Conway Regional Medical Center (1,900+ employees), and major retailers like Walmart, Kroger, and Target. The property boasts a strong NOI of $183,563 and a 5.00% cap rate, making it an attractive addition to any portfolio. The tenant, Chipotle Mexican Grill, is a Fortune 500 company with a corporate guarantee, minimizing risk. The property was renovated in 2024. This is a turnkey investment with no landlord responsibilities, ideal for passive investors seeking long-term, stable returns. The property's location within a thriving commercial corridor, coupled with its proximity to major traffic generators and educational institutions, ensures consistent customer traffic and strong rental income. The sale is structured for a 1031 exchange.