STREAM Capital Partners > Properties > All Properties > Buffalo Wild Wings

Buffalo Wild Wings

Net Lease

5411 W Loop 1604 N, San Antonio, Texas
Ownership Type:
Owner/User
Price:
$4,240,496
Cap Rate:
6.65%
Current Rent:
$281,993
Tenancy:
Single Tenant
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date::
Approx. 10.8 years
Renewal Options:
5% in Year 6 and 10% in Options
Building Sq. Ft.:
6,974 SF
Rent Increases:
5% bump in year 6
Site Size:
1.23 Acres

Investment Highlights

  • Corporately Guaranteed Lease: Buffalo Wild Wings operates roughly 1,300 locations across the United States and abroad. They are owned by Inspire Brands, one of the largest and most successful consumer focused private equity firms.
  • Extremely Strong Retail Positioning: Strategically positioned at the high-traffic intersection of HWY 151 and Loop 1604—one of San Antonio’s busiest retail corridors—this property is a pad to a high-performing Lowe’s and Target-anchored center, surrounded by national co-tenancy including Home Depot, H-E-B, Chick-fil-A, and Best Buy.
  • In-N-Out Burger Adjacent: In-n-Out only recently expanded operations into Texas, and chose this location as one of their first.
  • Long Term Operating History and Recent Extension: Buffalo Wild Wings has been operating here since 2009 and recently signed a ten year extension with two additional options (20 years of control). They are committed to staying at this site.
  • Large Lot Size w/ Minimal Downside Risk: Situated on a large 1.23-acre parcel, the site offers a rare combination of visibility, access, and flexibility. With below-market, easily replaceable rent, the asset presents minimal downside risk and high backfill potential in the unlikely event of vacancy.
Ownership Type:
Owner/User
Price:
$4,240,496
Cap Rate:
6.65%
Current Rent:
$281,993
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date::
Approx. 10.8 years
Renewal Options:
5% in Year 6 and 10% in Options
Building Sq. Ft.:
6,974 SF
Rent Increases:
5% bump in year 6
Site Size:
1.23 Acres

Listing Agents

Adam English

Managing Director
256.694.9803[email protected]

John Woodcock

Vice President
503.853.6108[email protected]

Jordan Shtulman

Managing Principal
847.226.4133[email protected]

Broker of Record: Kyler Bean TX Lic#: 646910

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