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.