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3095 E Main St
Russellville, AR 72802
Chipotle | 15-Year Abs NNN Lease · Retail Property For Sale


Investment Highlights
- Sole Chipotle location within a 40-mile radius, securing a captive market with no direct brand competition.
- 10% rental increases every five years, ideal for passive investors.
- New 15-year absolute NNN lease for Chipotle Mexican Grill of Colorado, LLC, backed by corporate guarantor Chipotle Mexican Grill, Inc., starting June.
- Tenant handles all taxes, insurance, and maintenance (including roof, structure, and parking lot), ensuring zero landlord responsibilities.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,325 SF
Building Class
B
Year Built
2025
Price
$4,926,240 CAD
Price Per SF
$2,118.81 CAD
Cap Rate
5.25%
NOI
$258,634 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.69 AC
Opportunity Zone
Yes
Parking
27 Spaces (11.61 Spaces per 1,000 SF Leased)
Frontage
199’ on Main St
Property Taxes
| Parcel Number | 863-27001-000C | Improvements Assessment | $95,392 CAD |
| Land Assessment | $166,518 CAD | Total Assessment | $261,910 CAD |
Property Taxes
Parcel Number
863-27001-000C
Land Assessment
$166,518 CAD
Improvements Assessment
$95,392 CAD
Total Assessment
$261,910 CAD
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