Chipotle-Whataburger Retail Center Hot Springs, AR

4104 Central Avenue
Hot Springs, AR

Price: $5,712,000
Cap Rate: 5.75%
NOI: $328,400
Building Size: Approx. 6,549 Sq. Ft.
Lot Size: Approx. 1.5 Acres
Type: Multi-Tenant / Retail
Sub Category: Casual Dining
Year Built / Renovated: 2024 / 2006

Investment Overview

  • 2006 Construction/2024 Renovation. 6,549+/- SF Building on 1.50+/- Acre Site
  • New 15-year Leases w/ Scheduled Rent Increases in Primary Terms – Corporate Chipotle Lease & Experienced Multi-Unit Whataburger Franchisee (15 Unit Operator)
  • Located on Central Avenue (32,067+ VPD), Across from Walmart Supercenter
  • Located in a Dense Retail Corridor w/ Strong Occupancy Rate – 100+ National Retailers in Immediate Area
  • Chipotle Mexican Grill, Inc. Is the Largest Fast-Casual Restaurant Chain in the U.S w/ $9.87 B in Revenue
  • Whataburger is One of the Fastest Growing QSR Chains in the U.S. – Seen System Sales Expand in Recent Years to $3.34 B
  • Hot Springs | One of the Top Small Places for Business & Careers in the US (Forbes) | Population: 37,994+

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