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Restaurant

Buffalo Wild Wings

112 Buckland St, Manchester, CT 06042

Listing Price: $5,398,404

Cap Rate
7.00%
Tenant Name
Buffalo Wild Wings
Years Remaining On Lease
4.3
Gross SF
6,030
Guarantor
Franchisee Guarantee
Rentable SF
6,030
Price/Gross SF
$895.26
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$62.67

Investment Overview

» Chain Overview | Buffalo Wild Wings was Founded in 1982 and Operates 1,280+ locations in all 50 U.S. States and 10 Countries » Firm Growth and Business Verticals | In February 2018, Inspire Brands acquired Buffalo Wild Wings in a $2.9 Billion deal » Company Growth | Inspire Brands is the Second Largest Restaurant Company in the United States with $30 Billion in Global Sales, 32,000 Restaurant Locations, 3,400 Franchisees, and over 65,000 Company and Franchise Team Members » Strong Retail Real Estate Fundamentals | Located in a Dense Retail Hub 7-miles Northeast of Hartford, the State Capitol of Connecticut » New Developments | Over 500,000 square-feet of Industrial properties built in the last two years within 3-Miles » Growing Market | Over 5M square-feet of Retail within a 1-mile radius. National retailer recent developments include Whole Foods, Costco, Chase Bank, Aldi, Shake Shack, and Apple » Large 1.4 Acre Parcel l Conveniently located on Buckland Street (26K VPD) – Directly off I-84 (53K VPD) – one of the most heavily used Interstates in the State of Connecticut » Excellent Upper-Class Demographics | Affluent suburb of Hartford with an AHHI of $98K within a 1-mile radius

Investment Highlights

  • Triple Net Lease | Passive Lease Structure with Zero Landlord Responsibilities
  • Rare and Attractive Rent Escalations | 2% Annual Increases throughout Base Term and Options
  • Highly Visited Location | (221K Annual Visits) | Low Casual Dining Competition in Submarket
  • Built-To-Suite Location | Built in 2012 with a GLA of 6,030 SF on 1.41 Acres of Land

Exclusively Listed By

Restaurant

Buffalo Wild Wings

Listing Price: $5,398,404

Cap Rate
7.00%
Tenant Name
Buffalo Wild Wings
Years Remaining On Lease
4.3
Gross SF
6,030
Guarantor
Franchisee Guarantee
Rentable SF
6,030
Price/Gross SF
$895.26
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$62.67

Investment Highlights

  • Triple Net Lease | Passive Lease Structure with Zero Landlord Responsibilities
  • Rare and Attractive Rent Escalations | 2% Annual Increases throughout Base Term and Options
  • Highly Visited Location | (221K Annual Visits) | Low Casual Dining Competition in Submarket
  • Built-To-Suite Location | Built in 2012 with a GLA of 6,030 SF on 1.41 Acres of Land

Investment Overview

» Chain Overview | Buffalo Wild Wings was Founded in 1982 and Operates 1,280+ locations in all 50 U.S. States and 10 Countries » Firm Growth and Business Verticals | In February 2018, Inspire Brands acquired Buffalo Wild Wings in a $2.9 Billion deal » Company Growth | Inspire Brands is the Second Largest Restaurant Company in the United States with $30 Billion in Global Sales, 32,000 Restaurant Locations, 3,400 Franchisees, and over 65,000 Company and Franchise Team Members » Strong Retail Real Estate Fundamentals | Located in a Dense Retail Hub 7-miles Northeast of Hartford, the State Capitol of Connecticut » New Developments | Over 500,000 square-feet of Industrial properties built in the last two years within 3-Miles » Growing Market | Over 5M square-feet of Retail within a 1-mile radius. National retailer recent developments include Whole Foods, Costco, Chase Bank, Aldi, Shake Shack, and Apple » Large 1.4 Acre Parcel l Conveniently located on Buckland Street (26K VPD) – Directly off I-84 (53K VPD) – one of the most heavily used Interstates in the State of Connecticut » Excellent Upper-Class Demographics | Affluent suburb of Hartford with an AHHI of $98K within a 1-mile radius

Exclusively Listed By

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