Buffalo Wild Wings
PRICE
CAP RATE
SQUARE FOOTAGE
LEASE TERM

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Robert Bender

Managing Partner

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PROPERTY ADDRESS

214 Cross Road Dr., Mt. Hope, WV 25880

PROPERTY INFORMATION

Price:
$3,022,000
Cap Rate:
6.75%
Term Remaining:
20 years Years
Year Built:
2013
Status:
Available

INVESTMENT HIGHLIGHTS

  • 6,841 SF Buffalo Wild Wings Restaurant on 1.75 Acres
  • 20 Year Absolute NNN Lease| No Landlord Responsibilities
  • Two, Five Year Options with 10% Rent Increases Every 5 Years
  • Franchisee Operates 22 Profitable Units | 9 Units on the Lease Guarantee
  • Very Profitable Location | Healthy Rent/Sales Ratio

INVESTMENT SUMMARY

Fortis Net Lease is proud to present a Buffalo Wild Wings at 214 Cross Road Drive in Mount Hope, WV. The 20 year absolute NNN lease has a franchisee guarantee and the lease has two, five year options with 10 percent rent increases every five years. The subject property provides an investor with a stable long term, management-free income stream.

The subject property is situated in a major retail area and is surrounded by many national tenants including: Walmart, Sam’s Club, Kmart, TJ Maxx, Big Lots!, Lowe’s, Kroger and Kohl’s. Buffalo Wild Wings is adjacent to Crossroads Mall which is anchored by Belk, Sears, JCP and Dick’s Sporting Goods. There are over 26,200 residents within five mile and the average household income within three miles is $52,000. The median home value within three miles exceeds $117,000.