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2126 N Van Buren StEnid, OK 73703
Buffalo Wild Wings Shops
Asset ClassRetail
Deal Size$2.63 M
BUFFALO WILD WINGS EARLY EXTENSION, NOW LEASED THROUGH JULY 2036
overview of deal

Overview

Price: $2,630,000

Cap Rate: 8.00%

NOI (Year 1): $210,430

Current Occupancy: 89%

Price/SF: $183

GLA: 14,300

Year Built: 2008

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Investment Highlights

  • BUFFALO WILD WINGS JUST EXECUTED AN EARLY 10 YEAR EXTENSION
  • 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
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2126 N Van Buren StEnid, OK 73703

Sales Team

Drew IsaacSenior Managing Director Investments(303) 328-2048drew.isaac@marcusmillichap.com
Tim SpeckBroker of Record

License #: 149994

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