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Buffalo Wild Wings 5755 E Northwest Hwy

6,250 SF Retail Building Crystal Lake, IL 60014 $4,550,000 ($728/SF) 6.65% Cap Rate

Investment Highlights

  • Absolute NNN lease with no landlord responsibilities!
  • National credit tenant, BWW publicly traded, with over 6 years left on term + four 5-year options
  • Adjacent to 31-acre master planned mixed use development, currently under construction, including multihousing, hotel, grocery, shops and more
  • 30,800 daily traffic count on Northwest Highway

Executive Summary

Absolute NNN lease with no landlord responsibilities. Located on the main retail corridor with 30,800 average daily traffic count, with neighboring tenants including McDonald's, Cane's, Starbucks, Target, Panda Express, Panera Bread, among many others! lastly, this property is located across the street from a 31-acre master-planned mixed-use development project that was started in 2Q of 2024. This master-planned community includes 271-unit residential development, art park, hotel, grocery store and more!

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,250 SF
Building Class
C
Year Built
2008
Price
$4,550,000
Price Per SF
$728
Cap Rate
6.65%
NOI
$302,500
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.10
Land Acres
1.45 AC
Zoning
C
Parking
138 Spaces (5.65 Spaces per 1,000 SF Leased)
Frontage
297 FT on Liberty Ave

Amenities

  • Dedicated Turn Lane

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 6,250 SF
  • -
  • Triple Net
  • Aug 2030

The year was 1982. Jim Disbrow and Scott Lowery had recently moved to Ohio from Buffalo, New York. All was fine until one day when the two were craving wings. Not just ordinary wings, but authentic Buffalo, New York-style chicken wings. With none to be found nearby, Jim and Scott had two choices: road trip to New York, or open a wing joint close to home. Lucky for them, they chose the latter. Hence, the beginning of Buffalo Wild Wings & Weck, now Buffalo Wild Wings®, the welcoming neighborhood atmosphere with a front-row seat for every sports fan that offers 21 mouth-watering signature sauces and seasonings.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Accommodation and Food Services 6,250 SF - Triple Net Aug 2030

Nearby Major Retailers

Chase Bank
PNC Bank
Five Guys
Starbucks
The Fresh Market
Jewel-Osco
Orangetheory Fitness
Fresh Thyme Farmers Market
Planet Fitness
Chili's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-09-103-012
Land Assessment
$358,173
Improvements Assessment
$394,912
Total Assessment
$753,085
  • Listing ID: 33567849

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 5755 E Northwest Hwy, Crystal Lake, IL 60014

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