Buffalo Wild Wings | Absolute Triple Net (NNN) Lease Investment
$3,136,883
7206 Alcoa Road, Bryant, AR 72015
For Sale
Retail
Restaurant
Active
Last Updated: 06/14/2021
6
Cap Rate
188,313
NOI
Details:
Cap Rate: 6%
NOI: $188,313
Building Size: 5,663 sqft
Lot Area: 1.62 acres
Lease Type: Absolute Net
Year Built: 2016
Price Per Sqft: $553.93
Highlights:
- Over 10 Years Remaining on an Absolute Triple Net (NNN) Lease With No Landlord Responsibilities
- Buffalo Wild Wings Was Acquired By Roark Capital in 2017, Providing Investment to Fuel Growth
- Recent Construction Built Specifically For Buffalo Wild Wings; Including Covered, Climate-Controlled Outdoor Seating
- Located in Shopping Destination With Tenants Including: Target, Kohls, Petco, Academy Sports, Pilot Travel Center and Kroger
- Strategically Located Off I-30 Exchange and Alcoa Road Seeing 76,000 and 15,000 Vehicles Per Day Respectively
- Bryant is a Suburb of Little Rock, AR Which Has a MSA Population of Over 700,000 Residents
- Strong Demographics - Over 37,675 Residents Making an Average Household Income of $76,872 Within a 3-Miles Radius, Expected to Grow By Over 7% in the Next 5 Years
- Walking Distance to a New Construction Holiday Inn Express, Managed By Intercontinental Hotel Group
- Strong Franchisee Guarantee; Operator Runs 20 Buffalo Wild Wings and 12 Arby’s, Includes a $15 Million Personal Guarantee
- Bryant, AR and Surrounding Areas Are Experiencing a Boom of Residential, Industrial, Retail and Healthcare Development
- Many National Restaurant Franchises Within a Half Mile Including: Starbucks, McDonald’s, Panda Express, Zaxby’s and More
Description:
Sands Investment Group is Pleased to Exclusively Offer For Sale the 5,663 SF Buffalo Wild Wings Located at 7206 Alcoa Road in Bryant, Arkansas. Over 10 Years Remain on an Absolute Triple Net (NNN) Lease With Attractive Rent Increases. This Opportunity Provides For a Best-of-Class Investment With Income Growth of an Established Tenant in the Desirable and Growing Little Rock, AR Market.
In Cooperation With Sands Investment Group Arkansas, LLC - Lic. # PB00085157
Documents:
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Offering Memorandum |
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