3095 E Main St - Fast Food FOR SALE


Russellville, AR 72802
$3,600,000 USD
415-852-5177
3095 E Main St, Russellville, AR for Sale
$3,600,000 USD
Fast Food - FOR SALE
1/9
null | 5.25% Cap Rate

3095 E Main St
Russellville, AR 72802


HIGHLIGHTS

  • Sole Chipotle location within a 40-mile radius, securing a captive market with no direct brand competition.
  • New 15-year absolute NNN lease for Chipotle Mexican Grill of Colorado, LLC, backed by corporate guarantor Chipotle Mexican Grill, Inc., starting June.
  • 10% rental increases every five years, ideal for passive investors.
  • Tenant handles all taxes, insurance, and maintenance (including roof, structure, and parking lot), ensuring zero landlord responsibilities.

OVERVIEW

Situated at 3095 E Main St, Russellville, AR, the property benefits from 21,000 AADT on E Main St and 18,000 AADT on Hwy 331. Its placement at a signalized corner ensures high visibility and easy access for customers. The site is an outparcel to a Hobby Lobby-anchored center, amplifying its exposure to retail traffic. Directly across from Conagra Brands’ manufacturing facility, a key employer, the site benefits from steady worker traffic. Nearby retailers like Hobby Lobby, Walmart, and AutoZone enhance the commercial corridor’s appeal. The location’s adjacency to I-40 (40,000 AADT) ensures regional connectivity. The 15-year lease, commencing June 4, 2025, and expiring June 30, 2040, is fully triple net, with Chipotle responsible for all operating expenses. Rental increases of 10% every five years escalate the initial $189,000 NOI to $228,687 by year 11, providing predictable income growth. Four (4) five-year renewal options extend potential returns to 2040 and beyond. This exclusivity minimizes competition and strengthens its customer base. As the only Chipotle within 40 miles, the location captures a unique market niche in Russellville. Consumer behavior data shows 13.2% of adults within 5 miles bought from Chipotle in the past 6 months, reflecting strong brand demand. The one-mile radius boasts an average household income of $80,001 (2024), projected to reach $93,581 by 2029, outpacing the five-mile average of $75,575. Population growth from 2010 to 2024 within one mile highlights a 21.9% increase, far exceeding state (3.3%) and national (0.84%) rates. This growth supports sustained QSR spending potential. Built in 2025, the 2,325 SF building features Chipotle’s latest design, including a Chipotlane drive-thru for operational efficiency. The 0.62-acre site optimizes parking and accessibility, aligning with 58.4% of five-mile adults using drive-thru services in six months. Its new condition minimizes near-term capital expenditures for investors.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$1,548 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle | 15-Year Abs NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,719 SF

ZONING

-

APN/PARCEL ID

863-27001-000C

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.