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2747 E 62nd Street, Indianapolis, IN, 46220

Buffalo Wild Wings
$3,300,000

Key Information

Cap Rate
7.82%
Tot. SF
6,085
Lot Size
0.82 Acres
Year Built
2013
Term Remaining
±3.25 YRS
Type
Retail
Leasable Area
6,085

Highlights

  • Passive Investment Opportunity – ±3.75 years remaining on an initial 15 year ABS NNN lease with Buffalo Wild Wings (Operator: World Wide Wings LLC)
  • National Tenant – Started in 1982, Buffalo Wild Wings has since grown to 1,300+ locations, 9 global markets, and is the LARGEST sports bar brand in the United States.
  • ABS NNN Lease with Zero Landlord Responsibilities – Tenant is responsible for maintaining roof, structure, and parking lot.
  • Nearby National Tenants (Excellent retail corridor) – This property is located on Cross Roads E 62nd St (±19,404 VPD) and N Keystone Ave (±28,088 VPD), a prime retail thoroughfare in Indianapolis MSA. National Credit Tenants nearby include Target, Lowe’s, Chick-fil-a, Taco Bell, Panera, KFC, Culver’s, Walgreens, etc.
  • Developmental Growth – Massive new construction apartment complex across the street with 267 units, built in 2021.
  • Exceptional Surrounding Area – ±8 Miles from Downtown Indianapolis, Glendale Town Center outparcel, nearby Butler University, Glendale 12 Theatre.
  • Rare Annual Rental Increases – 1.65% rental increases annually.
  • Densely Populated Area (2025) – ±71,500 in a 3-mile radius, ±218,000 in a 5-mile radius, ±836,800 in a 10-mile radius.
  • Affluent Area in Indianapolis – Average household incomes north of $109,000 in a 1-mile radius and an average household incomes north of $116,000 in a 3-mile radius.
  • Seasoned Operator – World Wide Wings, based in Vancouver, WA now has 60+ locations nationally in Indiana, Florida, Washington, California, Oregon, and Illinois. This demonstrates a proven track record for the distinguished brand, while boosting confidence for potential investors.
  • Growing Indianapolis Market – Indianapolis is the 16th most populated city in the United States. Ranked 4th City in U.S. for emerging hotspots in CRE.
  • Home to Butler University – Close proximity to Butler University, 5,000+ students, $1B+ Regional Economic Impact, #1 Regional Midwest University.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203