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17895954
17895955

11363 Montgomery Rd, Cincinnati, OH 45249

MM
CA 01732226
SRS Real Estate Partners Newport Beach
PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
SS
KY 271256
SRS Louisville
Listed by SRS Real Estate Partners Newport Beach, SRS Louisville
$4,125,000
167 days on market
Updated 69 days ago

Buffalo Wild Wings

Details
APN 620-0210-0654-00
Property Type Retail
Sub Type Restaurant
Square Footage 8,200
Cap Rate 6.76%
NOI $278,800
Occupancy 100%
Tenancy Single
Brand/Tenant Buffalo Wild Wings
Lease Type NNN
Lease Term 40
Lease Expiration 02/01/2034
Remaining Term 7.6
Rent Bumps Yes
Lease Options 2 (5-year)
Price per SqFt $503
Year Built 1993
Year Renovated 2013
Acreage 1.430
Zoning Planned Business District (EE)
Parking Spaces 124 spaces
Parking Per SqFt 15.12
Tenant Credit Corporate Guarantee
Lease Commencement 02/01/1994
Ownership Leased Fee (Land Ownership)

Retail | 6.76% CAP | 8,200 SqFt

Marketing description

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in a NNN, freestanding, corporate signed, Buffalo Wild Wings investment property located in Cincinnati, Ohio. The tenant, Blazin Wings Inc., has operated this location for over 30 years and recently extended their lease for an additional 10 years with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features a 10% rental increase at the beginning of year 6 and at the beginning of each option period, growing NOI and hedging against inflation. The lease is NNN with minimal landlord responsibilities making it an ideal investment opportunity for a passive investor. Buffalo Wild Wings is an outparcel to the highly trafficked, grocery-anchored Harpers Station Shopping Center, which draws over 2.9 million visitors per year (per Placer.ai). This location reported strong sales of $4.06 million ($496 PSF) in 2023, which is above the chain’s national average of $3.19 million, and 9.5% YoY sales growth over the past two years.

Investment highlights

  • Corporate Signed Ground Lease | 30+ Year Operating History | Brand New 10-Year Extension | Scheduled Rent Increase | Strong Sales of $496 PSF

  • Minimal Landlord Responsibilities | NNN

  • Outparcel to Harper’s Station (2.9M+ Visitors) | Adjacent to the Shoppes at Harper’s Point (2.1M+ Visitors)

  • Located Along Montgomery Rd | Excellent Visibility & Access | Near Signalized, Hard Corner Intersection (49,500+ VPD) | Close Proximity to Interstate 71 (123,100+ VPD) & Interstate 275 (127,400+ VPD)

  • Excellent Retail Corridor | National/Credit Tenant Presence

  • Attractive Cincinnati MSA Fundamentals | Extremely High Incomes of Over $150k+ Within the 1, 3, and 5-Mile Radius

Listing Contacts

MM
CA 01732226
SRS Real Estate Partners Newport Beach
PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
SS
KY 271256
SRS Louisville
Listed by SRS Real Estate Partners Newport Beach, SRS Louisville

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$278,800.00
$23,233.33/mo

Valuation Metrics

0
DSCR
6.76%
Cap Rate
6.76%
ROI

Map

Zoning

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EE PlannedPlanned Retail District
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Sarah Shanks
License
OH License No. REC.2024000384
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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