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Restaurant

Chipotle - Best Corner in State of Arkansas

100 S University Ave, Little Rock, AR 72205

Listing Price: $5,314,000

Cap Rate
4.00%
Tenant Name
Chipotle Mexican Grill of Colorado, LLC
Years Remaining On Lease
12.6
Gross SF
2,262
Guarantor
Corporate Guarantee
Rentable SF
2,262
Price/Gross SF
$2,349.25
Lease Type
Absolute Net
Rent Per Square Feet
$93.97

Investment Overview

Chipotle Mexican Grill, Inc. (NYSE: CMG) is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, known for its large burritos, assembly-line production, and use of natural ingredients. Little Rock, Arkansas sits on the banks of the Arkansas River in Pulaski County, located in the center of the state. With a population of nearly 200,000 people, it is the largest city in Arkansas.

Investment Highlights

  • Absolute Triple-Net (NNN) Corporate Lease with 13 Years Remaining
  • Nine Percent Rental Increases Every Five Years with Four, Five Year Renewal Options
  • Hard Corner Location at the Best Retail Intersection in the State of Arkansas (53,000 Cars Per Day)
  • 1.13 Acres (Over 49,000 Square Feet) of Land
  • Top Chipotle Sales Volume in the State (Over $3 Million)
  • 155,068 Residents within a Five-Mile Radius - Population Density of 1,642 People per Square Mile in Little Rock

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s) AR: PB00066390

    Arkansas

Restaurant

Chipotle - Best Corner in State of Arkansas

Listing Price: $5,314,000

Cap Rate
4.00%
Tenant Name
Chipotle Mexican Grill of Colorado, LLC
Years Remaining On Lease
12.6
Gross SF
2,262
Guarantor
Corporate Guarantee
Rentable SF
2,262
Price/Gross SF
$2,349.25
Lease Type
Absolute Net
Rent Per Square Feet
$93.97

Investment Highlights

  • Absolute Triple-Net (NNN) Corporate Lease with 13 Years Remaining
  • Nine Percent Rental Increases Every Five Years with Four, Five Year Renewal Options
  • Hard Corner Location at the Best Retail Intersection in the State of Arkansas (53,000 Cars Per Day)
  • 1.13 Acres (Over 49,000 Square Feet) of Land
  • Top Chipotle Sales Volume in the State (Over $3 Million)
  • 155,068 Residents within a Five-Mile Radius - Population Density of 1,642 People per Square Mile in Little Rock

Investment Overview

Chipotle Mexican Grill, Inc. (NYSE: CMG) is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, known for its large burritos, assembly-line production, and use of natural ingredients. Little Rock, Arkansas sits on the banks of the Arkansas River in Pulaski County, located in the center of the state. With a population of nearly 200,000 people, it is the largest city in Arkansas.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s): AR: PB00066390

    Arkansas

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