Investment Overview

Marcus & Millichap is pleased to present Buffalo Wild Wings – Costco Outparcel, a single-tenant, net-leased restaurant asset located in Lewisville, Texas. The offering provides investors with passive income backed by a corporate lease guarantee, positioned within a dominant retail corridor in the Dallas-Fort Worth metroplex. The asset consists of approximately 5,981 square feet of gross leasable area situated on a 1.18 acre parcel, and was originally constructed in 2002. The property bene?ts from strong visibility and access along South Stemmons Freeway, further enhanced by its positioning as an outparcel to Costco, driving consistent consumer traf?c. The lease is backed by a corporate guarantee and structured with zero landlord responsibilities, offering a fully passive ownership experience. With approximately one year remaining, the lease features 1 percent annual rent increases and renewal options, providing both near-term ?exibility and future upside potential. The surrounding area features strong demographics, with a population of 100,000 within a three-mile radius and 270,548 within ?ve miles, along with average household incomes exceeding $133,000, supporting long-term tenant performance and retail demand. The property is located near major thoroughfares including I-35 (180,895 VPD) and Sam Rayburn (172,579 VPD), providing excellent regional connectivity and accessibility. Surrounding retailers include Costco, Best Buy, Starbucks, Chipotle, Chili’s, and BJ’s Restaurant & Brewhouse, reinforcing the strength of the retail corridor driving consistent traf?c to the area. The combination of a corporate-backed tenant, passive lease structure, strong demographics, and prime retail positioning makes this a compelling opportunity for investors seeking stable income with future leasing and value-add potential.