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Office Supply

Buffalo Wild Wings

45 Betten Court, Bridgeport, WV 26330

Listing Price: $5,962,887

Cap Rate
6.60%
Tenant Name
Grube Enterprises, LLC
Years Remaining On Lease
14.5
Gross SF
6,301
Guarantor
Franchisee Guarantee
Rentable SF
6,301
Price/Gross SF
$946.34
Lease Type
Absolute Net
Rent Per Square Feet
$62.47

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Buffalo Wild Wings portfolio located in Lima, Ohio, St. Marys, Ohio, and Bridgeport, West Virginia. The sites consist of roughly 18,742 rentable square feet of building space on estimated 5.02-acres of land. The Buffalo Wild Wings are subject to a 20-year absolute triple-net (NNN) master lease, which commenced January 27, 2016. The current annual rent is $954,262 and is scheduled to increase by two and one-quarter percent annually. There are two, five-year tenant renewal options. The lease is guaranteed by Grube Enterprises LLC, as well as the franchisee entity of each of the three locations.

Investment Highlights

  • Three Properties Under a Long-Term, 20 Year Absolute NNN Master Lease
  • Approximately 16.5 Years Remaining
  • Well Above Average Performers
  • Has A 10 Unit Franchisee Guaranty
  • Has 2.25 Percent Annual Rental Increases
  • Located in Strategic and Dense Retail Corridors with Strong Demographics

Exclusively Listed By

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s) WV0019009

    West Virginia

Listing Price: $5,962,887

Cap Rate
6.60%
Tenant Name
Grube Enterprises, LLC
Years Remaining On Lease
14.5
Gross SF
6,301
Guarantor
Franchisee Guarantee
Rentable SF
6,301
Price/Gross SF
$946.34
Lease Type
Absolute Net
Rent Per Square Feet
$62.47

Investment Highlights

  • Three Properties Under a Long-Term, 20 Year Absolute NNN Master Lease
  • Approximately 16.5 Years Remaining
  • Well Above Average Performers
  • Has A 10 Unit Franchisee Guaranty
  • Has 2.25 Percent Annual Rental Increases
  • Located in Strategic and Dense Retail Corridors with Strong Demographics

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Buffalo Wild Wings portfolio located in Lima, Ohio, St. Marys, Ohio, and Bridgeport, West Virginia. The sites consist of roughly 18,742 rentable square feet of building space on estimated 5.02-acres of land. The Buffalo Wild Wings are subject to a 20-year absolute triple-net (NNN) master lease, which commenced January 27, 2016. The current annual rent is $954,262 and is scheduled to increase by two and one-quarter percent annually. There are two, five-year tenant renewal options. The lease is guaranteed by Grube Enterprises LLC, as well as the franchisee entity of each of the three locations.

Exclusively Listed By

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s): WV0019009

    West Virginia

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