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3702 W Wedington Dr
Fayetteville, AR 72704
Chipotle Near University of Arkansas · Retail Property For Sale


Investment Highlights
- New 15-year absolute NNN lease to Chipotle, a globally recognized Mexican restaurant chain with over 4,000 stores worldwide.
- Tenant handles all taxes, insurance, and maintenance, including roof, structure, and parking lot, ideal for both out-of-area or local investors.
- Chipotle’s 2026 growth strategy blends rapid physical expansion, digital transformation, and operational automation.
- 10% rental increases every five (5) years in initial term and four (4) option periods of five years each, ensuring consistent income growth.
- Chipotle reported total 2025 revenue of $11.9 billion, marking a 5.4% year over year increase, primarily driven by aggressive restaurant expansion.
Executive Summary
This prime Chipotle location offers exceptional visibility and accessibility along West Wedington Drive (State Route 16), a key east-west commercial corridor with traffic volumes exceeding 33,000 vehicles per day. It benefits from immediate access to Interstate 49, a major regional transportation artery carrying approximately 96,000 vehicles daily. Backed by a strong corporate presence, Chipotle reported total 2025 revenue of $11.9 billion, reflecting a 5.4% year-over-year increase driven by significant restaurant expansion, including 334 new company-owned units with 257 featuring a Chipotlane. The surrounding five-mile radius serves a dense population base of 108,183 residents with an average household income of $90,321, ensuring strong consumer demand. The property also enjoys excellent retail synergy, surrounded by leading national and local retailers such as Walmart Neighborhood Market, Sam’s Club, Walmart Supercenter, Lowe’s Home Improvement, ALDI, Planet Fitness, Starbucks, and McDonald’s, fostering an energetic and dynamic retail environment. With projected population and income growth across nearby trade areas over the next five years, this location—and the Fayetteville market as a whole—are positioned for sustained, long-term growth.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,235 SF
Building Class
C
Year Built
2026
Price
$5,234,040 CAD
Price Per SF
$2,341.85 CAD
Cap Rate
5%
NOI
$261,702 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.96 AC
Parking
27 Spaces (12.08 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 765-16230-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $759,202 CAD | Total Assessment | $759,202 CAD |
Property Taxes
Parcel Number
765-16230-000
Land Assessment
$759,202 CAD
Improvements Assessment
$0 CAD
Total Assessment
$759,202 CAD
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