Chipotle
Minutes from University of Arkansas
Marketing description
Cushman & Wakefield is pleased to present the exclusive opportunity to acquire a newly constructed Chipotle Mexican Grill located at 3702 West Wedington Drive in Fayetteville, Arkansas. This investment features a new 15-year absolute NNN lease to Chipotle, a globally recognized Mexican restaurant chain with over 4,000 stores worldwide, with 10% rental increases every five (5) years in the initial term and four option periods of five years each, ensuring consistent income growth. The tenant handles all taxes, insurance, and maintenance, including roof, structure, and parking lot, making this an ideal passive investment for both out-of-area and local investors.
The property is strategically positioned along West Wedington Drive (State Route 16), a dominant east-west commercial corridor with traffic volumes exceeding 33,000 vehicles per day, providing exceptional visibility and accessibility. Located just five minutes from the University of Arkansas (34,000+ enrollment), which generates an estimated $3 billion in annual economic impact for the state of Arkansas and supports nearly 19,000 jobs statewide, the property benefits from immediate access to Interstate 49, a major regional transportation artery carrying approximately 96,000 vehicles daily and providing direct connectivity to Downtown Fayetteville and the broader Northwest Arkansas market.
The high-quality 2026 construction is built to Chipotle's latest prototype, featuring a 2,235-SF building designed to accommodate Chipotle's optimal dine-in experience. The site includes a "Chipotlane" drive-thru for added customer convenience and features multiple points of ingress/egress, ideal for high-traffic QSR operations. Anchored within a thriving retail corridor featuring a diverse blend of national and local retailers, including Walmart Neighborhood Market, Sam's Club, Walmart Supercenter, Lowe's Home Improvement, ALDI, Planet Fitness, Starbucks, and McDonald's, the property generates significant consumer traffic and economic activity.
Investment highlights
- New 15-year absolute NNN lease to Chipotle, a globally recognized Mexican restaurant chain with over 4,000 stores worldwide.
- 10% rental increases every five (5) years in initial term and four (4) option periods of five years each, ensuring consistent income growth.
- Tenant handles all taxes, insurance, and maintenance, including roof, structure, and parking lot, ideal for both out-of-area or local investors.
- Chipotle reported total 2025 revenue of $11.9 billion, marking a 5.4% year over year increase, primarily driven by aggressive restaurant expansion (334 new company owned units, with 257 locations including a Chipotlane).
- Chipotle's 2026 growth strategy blends rapid physical expansion, digital transformation, and operational automation, offsetting modest same-store traffic challenges.
- Strategically positioned along West Wedington Drive (State Route 16), a dominant east-west commercial corridor with traffic volumes exceeding 33,000 vehicles per day, providing exceptional visibility and accessibility.
- Prime setting five minutes from the University of Arkansas (34,000+ enrollment), which generates an estimated $3 billion in annual economic impact for the state of Arkansas and supports nearly 19,000 jobs statewide.
- The property benefits from immediate access to Interstate 49, a major regional transportation artery carrying approximately 96,000 vehicles daily and providing direct connectivity to Downtown Fayetteville and the broader Northwest Arkansas market.
- Located directly north of Kessler Mountain Regional Park, a 620-acre park featuring more than 10 miles of trails, a nearly 400-acre nature preserve, six lighted soccer fields, eight lighted baseball fields, and hosts athletic tournaments and outdoor recreation activities throughout the year.
- Anchored within a thriving retail corridor featuring a diverse blend of national and local retailers, including Walmart Neighborhood Market, Sam's Club, Walmart Supercenter, Lowe's Home Improvement, ALDI, Planet Fitness, Starbucks, and McDonald's, generating significant consumer traffic and economic activity.
- Serves a rapidly expanding population base of 101,816 residents within five miles, representing a remarkable 41% increase since 2010.
- Supported by strong area demographics, including an average annual household income of $90,321 within a five-mile radius.
- Projected income growth across the surrounding 1-, 3-, and 5-mile trade areas is expected to support continued consumer spending and long-term performance for both Chipotle and the Fayetteville market.
- Situated just four miles from Downtown Fayetteville, (109,000 residents), benefiting from substantial commuter, student, and visitor traffic throughout the day.
- High-quality 2026 construction built to Chipotle's latest prototype.
- 2,235-SF building to accommodate for Chipotle's optimal dine-in experience.
- Site features a 'Chipotlane' drive-thru for added customer convenience.
- Property features multiple points of ingress/egress, ideal for high-traffic QSR operations.
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