STNL Buffalo Wild Wings | 10+ Years Remain | Roswell NM

Retail-Commercial for Sale
Catylist Listing ID: 30269956
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 6,178 SF
Gross Building Area: See Agent
Gross Land Area: 1.24 Acres
Sale Price: $3,670,000
Unit Price: $594.04 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 6.15%
Last Updated: 5/15/2018

Overview / Comments

Investment Highlights
- Absolute Net Lease with Approximately 11.7 Years Remaining
- Corporate Guaranty with Buffalo Wild Wings, Inc - Strong Store Sales
- Hard Corner Location on North Main Street and East 7th Street; Traffic Counts Exceed 20,458 Vehicles per Day
- New Hotel Development Proposed Directly Behind the Subject Property
- Newly Constructed in 2015
- Large 1.24-Acre Parcel with Ample Parking and Multiple Access Points
- Surrounding Retailers in the Immediate Area Include McDonald’s, Carl’s Jr , Papa John’s, Arby’s, Wendy’s, and Many More

Attachments & Media

Additional Details

Nearest MSA: Roswell
County: Chaves

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,005 41,914 50,720
Median Age: 30.13 35.58 35.93
Households: 2,884 15,709 18,993

Contact

Photograph of Listing Agent

Matthew Reeves

Marcus & Millichap CARNM CIE Member
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