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Restaurant

Buffalo Wild Wings | Brand New 10-Year Lease | 50K+ Population

15080 Flag City Dr, Findlay, OH 45840

Listing Price: $3,130,434

Cap Rate
5.75%
Tenant Name
Buffalo Wild Wings
Years Remaining On Lease
9.8
Gross SF
6,114
Guarantor
Franchisee Guarantee
Rentable SF
6,114
Price/Gross SF
$512.01
Lease Type
Double Net
Rent Per Square Feet
$29.44

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire a 6,100-square-foot Buffalo Wild Wings in Findlay, Ohio. The property sits on an outparcel to a Menards and is directly across from a Walmart Super Center. It is located in a strong retail corridor with nearby retailers including: Menards, Walmart, Tractor Supply, Chipotle, Dollar Tree, Aldi, Meijer, Sherwin Williams and many more. The subject was built in 2002 and has maintained its large presence in Findlay, Ohio ever since. The brand new 10-year lease commenced on July 9, 2021 with 10 percent rent bumps every five years and (two) five-year options to extend. The subject property is owned by the third largest Buffalo Wild Wing's franchisee and offers an investor the opportunity to acquire truly irreplaceable real estate.

Investment Highlights

  • Brand New 10-Year Double-Net Lease with Minimal Landlord Responsibilities (Roof and Structure) | 10 Percent Rent Escalations Every Five-Years
  • Lease Guaranteed by Buffalo Wild Wing's Third Largest Franchisee | Owns and Operates 34 Buffalo Wild Wings and Bought Seven During COVID
  • 81st Percentile Nationally (Placer.ai)

Exclusively Listed By

Financing By

Restaurant

Buffalo Wild Wings | Brand New 10-Year Lease | 50K+ Population

Listing Price: $3,130,434

Cap Rate
5.75%
Tenant Name
Buffalo Wild Wings
Years Remaining On Lease
9.8
Gross SF
6,114
Guarantor
Franchisee Guarantee
Rentable SF
6,114
Price/Gross SF
$512.01
Lease Type
Double Net
Rent Per Square Feet
$29.44

Investment Highlights

  • Brand New 10-Year Double-Net Lease with Minimal Landlord Responsibilities (Roof and Structure) | 10 Percent Rent Escalations Every Five-Years
  • Lease Guaranteed by Buffalo Wild Wing's Third Largest Franchisee | Owns and Operates 34 Buffalo Wild Wings and Bought Seven During COVID
  • 81st Percentile Nationally (Placer.ai)

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire a 6,100-square-foot Buffalo Wild Wings in Findlay, Ohio. The property sits on an outparcel to a Menards and is directly across from a Walmart Super Center. It is located in a strong retail corridor with nearby retailers including: Menards, Walmart, Tractor Supply, Chipotle, Dollar Tree, Aldi, Meijer, Sherwin Williams and many more. The subject was built in 2002 and has maintained its large presence in Findlay, Ohio ever since. The brand new 10-year lease commenced on July 9, 2021 with 10 percent rent bumps every five years and (two) five-year options to extend. The subject property is owned by the third largest Buffalo Wild Wing's franchisee and offers an investor the opportunity to acquire truly irreplaceable real estate.

Exclusively Listed By

Financing By

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