loader
Join Free
Views: 87 DOM: 159 Updated: 10.15.24 Posted: 06.15.24 Status: Active

Summary

Price $2,292,000
Built/Renov 2024
Tenant Buffalo Wild Wings
Cap Rate 6.00%
Lease Type NN+
Guarantor Corp Rated
Size/SF 3,572
Lease Start 01-29-2024
#Units 1,227
Price/SF $641.66
Expiration 01-31-2034
Tenant Type Casual Dining
NOI $137,522
R. Term 9.2
Ownership Fee Simple
Rent/SF $38.50
Increases 10.0%/5/yrs
Pop 5Mi 38,279
Lot/AC 1.35
Options 4/5yrs/10%
AHHI 5Mi $82,674

Lease Highlights

  • Brand new 2024 construction
  • Buffalo Wild Wings has 9+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Favorable NN+ lease with landlord responsible for roof and structure
  • Corporate guaranteed lease

Location Description

Buffalo Wild Wings is strategically located on Boll Weevil Circle, with access to 33,398 vehicles passing by daily. The property benefits from a prominent location within a retail corridor surrounded by well-known national tenants, including Enterprise Shopping Center, anchored by ALDI; Westgate Shopping Center, anchored by PetSmart; and Park Place Shopping Center, anchored by the 4th busiest...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Buffalo Wild Wings
  • Guarantor:Corp Rated
  • Company:Inspire Brands, Inc.
  • # Units:1,227
  • Tenant S&P: B+
  • Moody’s: B2
  • Stock:Private

About Tenant

Buffalo Wild Wings is an American casual dining restaurant and the nation's largest sports bar chain, with operations in the United States, Canada, and 7 other countries. The chain is best...


...

Demographics

  1 Miles 3 Miles 5 Miles
2029 Total Population : 5,656 30,139 39,695
2024 Total Population : 5,644 29,226 38,585
2024 Employed Civilian Pop : 2,237 11,443 15,367
2024 Total Businesses : 365 1,005 1,124
2024 Average Household Income : $ 76,965 $ 82,067 $ 84,086
2024 Total Consumer Spending : $ 160 M $ 856 M $ 1147 M
2024 Median Age : 34 36 37
2024 Total Households : 2,344 11,772 15,394
2024 Pop Age 25+: Bachelor's Degree : 478 3,030 4,036
2024 Average Home Value : $ 189,212 $ 225,015 $ 221,635
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Glover Avenue Smith Dr 2021 8,935 0.16 mi
Glover Avenue Boll Weevil Cir 2020 8,935 0.16 mi
Boll Weevil Circle James Dr 2019 33,398 0.23 mi
Boll Weevil Circle Apache Dr 2021 33,660 0.33 mi
Boll Weevil Circle Boll Weevil Cir 2020 33,660 0.33 mi
Boll Weevil Circle Michael St 2018 26,123 0.38 mi
Dixie Drive Cherokee St 2021 2,362 0.45 mi
East Lee Street N Edwards St 2021 11,095 0.51 mi
East Lee Street Holley Hill Rd 2020 11,095 0.51 mi
East Lee Street Alberta St 2018 8,426 0.51 mi

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

my activity