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Restaurant

Buffalo Wild Wings

2001 S Padre Island Dr, Corpus Christi, TX 78416

Listing Price: $2,598,000

Cap Rate
6.85%
Tenant Name
Buffalo Wild Wings
Years Remaining On Lease
4.9
Gross SF
6,683
Guarantor
Corporate Guarantee
Rentable SF
6,683
Price/Gross SF
$388.75
Lease Type
Absolute Net
Rent Per Square Feet
$26.63

Investment Overview

Excellent opportunity for an investor to purchase a single tenant investment property backed with a corporate lease that calls for 10% fixed rent increases every 5 years. This Buffalo Wild Wings has occupied this site since 2003 and is situated directly in front of a AMC 16 Screen Theater and adjacent to a Texas Roadhouse restaurant. An IHOP, Fuddruckers restaurant and a Homewood Suites Hotel are also pad sites to this movie theater complex.

Investment Highlights

  • Recent 5 year corporate lease extension
  • Absolute NNN lease with "fee simple" interest
  • Established location for tenant since 2003

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Restaurant

Buffalo Wild Wings

Listing Price: $2,598,000

Cap Rate
6.85%
Tenant Name
Buffalo Wild Wings
Years Remaining On Lease
4.9
Gross SF
6,683
Guarantor
Corporate Guarantee
Rentable SF
6,683
Price/Gross SF
$388.75
Lease Type
Absolute Net
Rent Per Square Feet
$26.63

Investment Highlights

  • Recent 5 year corporate lease extension
  • Absolute NNN lease with "fee simple" interest
  • Established location for tenant since 2003

Investment Overview

Excellent opportunity for an investor to purchase a single tenant investment property backed with a corporate lease that calls for 10% fixed rent increases every 5 years. This Buffalo Wild Wings has occupied this site since 2003 and is situated directly in front of a AMC 16 Screen Theater and adjacent to a Texas Roadhouse restaurant. An IHOP, Fuddruckers restaurant and a Homewood Suites Hotel are also pad sites to this movie theater complex.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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