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Restaurant

Buffalo Wild Wings Ground Lease | Recent 10 Yr Extension

4311 E Black Horse Pike, Hamilton, NJ 08330

Listing Price: $1,947,000

Cap Rate
5.65%
Tenant Name
Buffalo Wild Wings
Years Remaining On Lease
8.5
Gross SF
6,072
Guarantor
Corporate Guarantee
Rentable SF
6,072
Price/Gross SF
$320.65
Lease Type
NNN Ground Lease
Rent Per Square Feet
$18.12

Investment Overview

Marcus & Millichap is pleased to present for sale Buffalo Wild Wings in Hamilton, New Jersey. Buffalo Wild Wings (BWW), founded in 1982 and headquartered just outside of Atlanta, is the largest sports bar brand in the United States. Globally, BWW operates more than 1,280 restaurants in ten countries. Mays Landing is a small town located in Atlantic County, New Jersey. It has a population of around 2,500 people and a median household income of approximately $60,000. The Edwin B. Forsythe National Wildlife Refuge, a 47,000-acre wildlife preserve that provides habitat for a wide variety of bird species is located here. Additionally, the town has several parks, including Weymouth Woods-Sand Hills Nature Preserve and Hamilton Twp. Community Park. Mays Landing also has a historic district, which features a variety of 19th century homes and buildings.

Investment Highlights

  • Eight and a Half Years Remaining on Corporate Absolute Triple-Net (NNN) Ground Lease
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Located Beside Hamilton Mall, with Shared Ingress/Egress
  • Surrounded by Big Box National Retailers: Target, Walmart Supercenter, HomeGoods, Dick's Sporting Goods, Kohl's, Best Buy, Ross, and Many More
  • Excellent Visibility and Frontage Along US 40 Black Horse Pike (41,200 Plus Cars per Day)
  • Average Household Income Exceeds $95,000 within Five Miles of the Subject Property
  • Highly Connected Location with Immediate Access to US 40, Atlantic City Expressway (44,580 Cars per Day), and Proximity to Garden State Parkway
  • Subject Property Located Only 14 Miles from Downtown Atlantic City's Famous Historic Boardwalk, Wide Beaches, and Numerous Casino Resorts

Broker of Record

  • John Horowitz

    First Vice President/ Division Manager

    (201) 742-6100

    License(s) NJ: 2192359

    New Jersey

Financing By

Restaurant

Buffalo Wild Wings Ground Lease | Recent 10 Yr Extension

Listing Price: $1,947,000

Cap Rate
5.65%
Tenant Name
Buffalo Wild Wings
Years Remaining On Lease
8.5
Gross SF
6,072
Guarantor
Corporate Guarantee
Rentable SF
6,072
Price/Gross SF
$320.65
Lease Type
NNN Ground Lease
Rent Per Square Feet
$18.12

Investment Highlights

  • Eight and a Half Years Remaining on Corporate Absolute Triple-Net (NNN) Ground Lease
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Located Beside Hamilton Mall, with Shared Ingress/Egress
  • Surrounded by Big Box National Retailers: Target, Walmart Supercenter, HomeGoods, Dick's Sporting Goods, Kohl's, Best Buy, Ross, and Many More
  • Excellent Visibility and Frontage Along US 40 Black Horse Pike (41,200 Plus Cars per Day)
  • Average Household Income Exceeds $95,000 within Five Miles of the Subject Property
  • Highly Connected Location with Immediate Access to US 40, Atlantic City Expressway (44,580 Cars per Day), and Proximity to Garden State Parkway
  • Subject Property Located Only 14 Miles from Downtown Atlantic City's Famous Historic Boardwalk, Wide Beaches, and Numerous Casino Resorts

Investment Overview

Marcus & Millichap is pleased to present for sale Buffalo Wild Wings in Hamilton, New Jersey. Buffalo Wild Wings (BWW), founded in 1982 and headquartered just outside of Atlanta, is the largest sports bar brand in the United States. Globally, BWW operates more than 1,280 restaurants in ten countries. Mays Landing is a small town located in Atlantic County, New Jersey. It has a population of around 2,500 people and a median household income of approximately $60,000. The Edwin B. Forsythe National Wildlife Refuge, a 47,000-acre wildlife preserve that provides habitat for a wide variety of bird species is located here. Additionally, the town has several parks, including Weymouth Woods-Sand Hills Nature Preserve and Hamilton Twp. Community Park. Mays Landing also has a historic district, which features a variety of 19th century homes and buildings.

Broker of Record

  • John Horowitz

    First Vice President/ Division Manager

    (201) 742-6100

    License(s): NJ: 2192359

    New Jersey

Financing By

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