13000 N I-35
Austin, TX 78753
Buffalo Wild Wings Grill & Bar · Retail Property For Sale

Built in 2010, the property is currently leased to Buffalo Wild Wings under an absolute NNN lease with no landlord responsibilities. The guarantor on the lease is Alamowing Management, Inc., a direct subsidiary of Buffalo Wild Wings, Inc. There are over 7 years of remaining initial term on the lease, with a 10% increase in a couple of year, for a blended cap rate over the remaining initial term of 5.84%. The tenant has 3 options to extend with 5% rent increase for the first option and 10% rent increases for the remaining two options. The property benefits from direct visibility from Highway 35 with approximately 165k cars of daily traffic. It is an outpad to a Walmart Supercenter, and in direct proximity to major retail, including Lowes, Wells Fargo Bank, Red Robin, Golden Corral, Chick-fil-A, Sears, PetSmart, Ross, Chilis, H-E-B and others. The Buffalo Wild Wings in Austin, TX is an asset in a prime retail location in one of the fastest growing areas in the nation, which offers investors stable and secure income stream at minimum landlord responsibilities.