Listed by Marcus & Millichap - Denver
$3,000,000
Buffalo Wild Wings Shops
Details
Property Type Retail
Sub Type Restaurant, Shopping Center
Square Footage 14,300
Units 5
Cap Rate 7.01%
NOI $210,430
Occupancy 89%
Tenancy Multi
Brand/Tenant Buffalo Wild Wings, Good Shepherd
Lease Type NNN
Price per SqFt $210
Broker Co-Op Yes
Year Built 2008
Parking Spaces spaces
BUFFALO WILD WINGS EARLY EXTENSION, NOW LEASED THROUGH JULY 2036
Investment highlights
- BUFFALO WILD WINGS JUST EXCUTED AN EARLY RENEWAL, EXTENDING FOR 10 YEARS.
- HIGHLY PROFITABLE 5.00% RENT-TO-SALES RATIO
- BUFFALO WILD WINGS HAS OPERATED AT THE PROPERTY SINCE 2008. GRUBE INC (LARGEST BWW FRANCHISEE) ACQUIRED AND REMODELED THIS LOCATION IN 2025.
- GRUBE INC AND RELATED ENTITIES OWN AND OPERATE 73 UNITS, WHICH WILL RISE TO 85 WITH CURRENT STORE ACQUISITIONS UNDERWAY
- RECENT LEASING MOMENTUM WITH REMAINING VACANCY OFFERING NEAR-TERM INCOME GROWTH POTENTIAL
- MINIMAL NEAR-TERM CAPITAL EXPOSURE FOLLOWING A RECENT ROOF REPLACEMENT WITH WARRANTY IN PLACE THROUGH 2035
Listing Contacts
Listed by Marcus & Millichap - Denver
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$210,430.00
$17,535.83/mo
Valuation Metrics
0
DSCR
7.01%
Cap Rate
7.01%
ROI
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