Buffalo Wild Wings | 32914 Walker Rd
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Buffalo Wild Wings 32914 Walker Rd
5,612 SF Retail Building Avon Lake, OH 44012 $2,100,000 ($374/SF) 8% Cap Rate
Investment Highlights
- National Tenant – Buffalo Wild Wings, a subsidiary of Inspire Brands, is one of the largest casual dining and sports bar chains globally/
- Affluent area in Cleveland MSA – The property is located in Avon Lake, OH, a thriving Cleveland suburb.
- Long Operating History – The subject property has been operating since 2009, demonstrating the tenant’s sustained success at this location.
- Experienced Operator – Grube, Inc. operates 65+ Buffalo Wild Wings locations, demonstrating expertise and a proven track record.
- Absolute NNN Lease – The tenant is responsible for all expenses providing an investor with passive income and no landlord responsibilities.
Executive Summary
Broker of Record
Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113
Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,612 SF
Building Class
B
Year Built
2004
Price
$2,100,000
Price Per SF
$374
Cap Rate
8%
NOI
$168,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
1.46 AC
Zoning
Commercial
Parking
75 Spaces (13.36 Spaces per 1,000 SF Leased)
Frontage
88 FT on Walker Rd
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
Parcel Number | 04-00-018-128-220 | Improvements Assessment | $589,110 |
Land Assessment | $194,768 | Total Assessment | $783,878 |
PROPERTY TAXES
Parcel Number
04-00-018-128-220
Land Assessment
$194,768
Improvements Assessment
$589,110
Total Assessment
$783,878
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Buffalo Wild Wings | 32914 Walker Rd
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