Buffalo Wild Wings - North Olmsted, OH
Buffalo Wild Wings - 10 Year Lease Extension - Great Northern Mall
Marketing description
This is a rare chance to own the pad in front of the redevelopment story unfolding on Cleveland's west side. Great Northern Mall has anchored this corridor for nearly 50 years, and the next chapter is already funded and underway — a 100,000+ SF grocery supercenter replacing the Sears box and a mixed-use overlay bringing residential and office to the campus, mirroring the playbook that transformed Westgate and Richmond Town Square. Six miles east, the Browns broke ground on a $2.4B enclosed dome that will pull NFL, NCAA, and concert traffic off I-480 for decades — and the lease runs straight through the stadium's opening season and beyond. Buffalo Wild Wings sits at the intersection of all of it, on a 1.51-acre hard corner with frontage on Lorain Road and visibility from 90,882 vehicles per day on I-480.
The income is the easy part. Grube Inc. — the largest privately held BWW franchisee in the country, with 73+ stores and a 20-year track record of zero defaults — just signed a fresh 10-year extension, locking in absolute NNN rent through 2036 with scheduled bumps and two 5-year options behind it. Zero landlord responsibilities, institutional-grade operator, and a basis that prices in the current cash flow while handing the buyer free upside on every redevelopment dollar being spent around the asset. Passive today, materially more valuable tomorrow.
Investment highlights
GREAT NORTHERN MALL OUTPARCEL
Positioned along Lorain Road across from Great Northern Mall — the dominant indoor shopping destination on Cleveland’s west side. The 1.2M+ SF mall is anchored by Dillard’s, Macy’s, JCPenney, and Dick’s Sporting Goods, with 120+ tenants, Phoenix Theatres, and immediate co-tenancy from Walmart, Home Depot, Target, Sam’s Club, and Costco — one of the densest retail nodes in the Cleveland MSA.
MAJOR REDEVELOPMENT CATALYSTS UNDERWAY
Two transformative projects are reshaping the trade area. The vacant Sears box is being demolished for a 100,000+ SF grocery supercenter opening 2027–2028, and the City of North Olmsted is advancing a mixed-use overlay rezoning to add residential and office to the mall site — modeled after successful redevelopments at Westgate and Richmond Town Square.
I-480 ACCESS & AIRPORT-HOSPITALITY CLUSTER
The site sits at I-480 Exit 6 — carrying 90,882 VPD through this stretch — just 6 miles from Cleveland Hopkins International Airport (10M+ annual passengers). It is embedded in North Olmsted’s established airport-hotel cluster, anchoring reliable mid-week and weekend traffic from business travelers, flight crews, and visiting fans.
CLEVELAND BROWNS DOMED STADIUM | $2.4B CATALYST
The new $2.4B Huntington Bank Field broke ground April 30, 2026 — a 67,500-seat enclosed dome opening for the 2029 NFL season, just one I-480 interchange east of the property. Ohio’s only enclosed stadium will host year-round NFL, NCAA Final Fours, soccer, and concerts, projected to drive $1.2B in annual economic output across Cuyahoga County.
10-YEAR EXTENSION | BEST-IN-CLASS GRUBE OPERATOR
Grube Inc. recently committed to a fresh 10-year extension at this location — the strongest possible signal of unit-level performance. Grube is the largest privately held BWW franchisee in the U.S., operating 73+ locations across Ohio, Illinois, Indiana, Virginia, and West Virginia, with 20+ years of operating history and zero lease defaults.
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