Investment Highlights
Executive Summary
- With 20 years of operating history at this location, the Property has a new 10-year triple net (NNN) lease term extension beginning June 2024 with favorable annual rent increases, two option periods, and no Landlord responsibilities. Buffalo Wild Wings completed an interior remodel within the past 3 years and will be updating branding through a remodel again in the next 24 months.- Buffalo Wild Wings is corporately guaranteed under Blazin Wings, Inc. (Tenant), offering sure reliability throughout the lease term.- Strategically positioned along International Drive (25,000 VPD), the Property benefits from having more than 130 total feet of superior frontage.- Enjoying an irresistible location in the heart of the world-renowned tourist hotspot, more than 6,100 hotel rooms surround the Properties within only a half-mile radius.- Within a 3-mile radius of the Properties, the residential population has grown 8.81% just since 2020 and is projected to grow another 8.12% over the next 5 years. The area also currently boasts an average household income of $109,551.
