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1710-1712 N Waldron St, Hutchinson, KS, 67502

BUFFALO WILD WINGS- MULTI-TENANT
$1,928,000

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Highlights

PROPERTY HIGHLIGHTS

Near-term Value-Add Potential: Mattress Firm is currently paying rent and scheduled to vacate in May 2026, providing an opportunity to re-tenant at market rates.

  • Offered at $1,928,000 representing a pro forma cap rate of ±10.01% and going-in cap rate of 6.25% (13.68% going-in cap rate including Mattress Firm rent).
  • Recent Lease Extension by Buffalo Wild Wings underscores tenant commitment.
  • Passive Investment with minimal landlord responsibilities.
  • Corporate Lease – Buffalo Wild Wings is backed by Inspire Brands™, the second-largest restaurant company in the U.S., with over 1,200 locations nationwide.
  • Retail Synergy – Olive Garden, ALDI, AT&T, Panda Express, and Chick-fil-A, supporting strong retail synergy and consumer traffic.
  • Adjacent to a Hilton Garden Inn and a convention center currently under construction on Waldron Street, enhancing area visibility and demand drivers.
  • ±25,000 Vehicles Per Day combined on 17th Ave and Ken Kennedy Fwy.
  • ±1.50-acre parcel.

Location

Agents

Broker of Record

Kyle Matthews

License # CO00002672 (KS)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203

Key Information

Cap Rate
6.25%
$ per SF
$29
Tot. SF
9,335
Year Built
2015
Type
Retail
Occupancy
51%
NOI
$120,480