Buffalo Wild Wings 708 Boll Weevil Cir

Investment Highlights

New 10-Year Corporate Net Lease to Buffalo Wild Wings New 2024 Construction with Outdoor Patio 7 Miles from Fort Novosel ? Home of Army Aviation: Economic Impact of $1.2 Billion Scheduled 10% Increases in Year 6 and at Options Providing a Strong Hedge Against Inflation Neighbors High-Performing Retail Tenants and Shopping Centers (3rd Busiest Publix & 6th Busiest Walmart in Alabama) $82,674 Average Household Income within a 5-Mile Radius

Executive Summary

The subject property is prominently located with excellent access and visibility along Boll Weevil Circle (33,398 AADT). The site benefits from robust demographics with a population of 38,279 and average household income of $82,674 within a 5 mile radius. The property benefits from a prominent location within an established retail corridor. Nearby retail centers include Enterprise Shopping Center, anchored by ALDI; Westgate Shopping Center, anchored by PetSense; and Park Place Shopping Center, anchored by the 4th busiest Publix in Alabama by number of visits. Other major retail tenants in the surrounding area include Walmart Supercenter, ranked #6 in Alabama; Hobby Lobby; and Walgreens.Enterprise (population 28,711) is a city in Coffee County, Alabama. Major industries in the region include aircraft maintenance, poultry supply, agriculture, and automotive manufacturing. Enterprise is home to the Enterprise business incubator, which helps grow small manufacturing firms. The city is the only city in the world with a monument to an agricultural pest; the Boll Weevil Monument memorializes the city?s shift away from cotton as a staple crop following a boll weevil infestation in the early 20th century.The city is located approximately 7 miles from Fort Novosel, the home to Army Aviation and the primary flight training center for U.S. Army Aviators. The fort has a population of nearly 25,000 and generates approximately $1.2 billion in economic impact each year.This property is listed in conjunction with Alabama-licensed real estate broker Thomas Newton.

• Sale Type    Investment NNN
• Sale Condition    Build to Suit
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    3,572
• Building Class    B
• Year Built    2024
• Price    2,292,000
• Price Per SF    642
• Cap Rate    6
• NOI    137,520
• Tenancy    Single
• Building Height    1 Story