Office Supply
Buffalo Wild Wings
45 Betten Court, Bridgeport, WV 26330
Listing Price: $5,962,887
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.
Buffalo Wild Wings
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
Listing Price: $5,962,887
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.
