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Buffalo Wild Wings 32914 Walker Rd

5,612 SF Retail Building Avon Lake, OH 44012 £1,647,261 (£294/SF) 8% Net Initial Yield

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

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,612 SF
Building Class
B
Year Built
2004
Price
£1,647,261
Price Per SF
£294
Net Initial Yield
8%
NOI
£131,781
Tenancy
Single
Number of Floors
1
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

PROPERTY TAXES

Parcel Number
04-00-018-128-220
Land Assessment
£152,778
Improvements Assessment
£462,104
Total Assessment
£614,882
  • Listing ID: 34138739

  • Date on Market: 09/12/2024

  • Last Updated:

  • Address: 32914 Walker Rd, Avon Lake, OH 44012

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