Buffalo Wild Wings
New
For Sale
$3,500,000
15080 Flag City Dr, Findlay, OH 45840
The absolute NNN lease places no property-related duties on the landlord and includes scheduled rent escalations.
Property Size6,114 SF
Price / SF$572.46
Days on Market2
Property Features for 15080 Flag City Dr
General Information
Standard status
Active
Size
6,114 SF
Property subtype
Restaurant
Lease Type
Absolute Net
Additional Details
Cap Rate
6%
Traffic Count
29,000 vehicles/day
Amenities
Recent Remodel — Showing a Long Term Commitment to the Site
15-Year Buffalo Wild Wings Sale-Leaseback
Successful Store with Increasing Sales and a Rent-to-Sales Ratio of 6.7%
Building Details
Building Size
6,114 SF
Listing Agency:
Marcus & Millichap - Orange County
Listed By:
Craig Elster · License #License(s): CA: 01958307
(949) 419-3223
Source:
Marcusmillichap
Added: Oct 19
Last Checked: Oct 19 at 2:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Orange County
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Investment Insights
Based on property information with market context.
The 6,114-square-foot Buffalo Wild Wings restaurant in Findlay is leased on an absolute NNN basis, with no landlord responsibilities. Rent is scheduled to increase by 10% at intervals during the initial lease term. The tenant is operated by Grube Inc., which runs 107 Buffalo Wild Wings locations, including 40 in Ohio, and has regional headquarters in Defiance.
The property is an outparcel to a Menards-anchored shopping center near Tiffin Avenue and County Road 236, where combined traffic counts exceed 29,000 vehicles per day. Nearby Flag City Station includes Walmart, T.J. Maxx, and PetSmart and draws nearly 340,000 monthly visitors. A 75,000-square-foot retail center is scheduled to open at the same intersection in Q4 2026. The University of Findlay, with more than 4,100 students, is less than three miles away.
The property is an outparcel to a Menards-anchored shopping center near Tiffin Avenue and County Road 236, where combined traffic counts exceed 29,000 vehicles per day. Nearby Flag City Station includes Walmart, T.J. Maxx, and PetSmart and draws nearly 340,000 monthly visitors. A 75,000-square-foot retail center is scheduled to open at the same intersection in Q4 2026. The University of Findlay, with more than 4,100 students, is less than three miles away.
Key Highlights
- 6,114‑square‑foot Buffalo Wild Wings restaurant
- Absolute NNN lease with no landlord responsibilities
- Scheduled 10% rent increases during the initial term
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,376
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,387,520
$2.4M
Cap Rate 7%
$1,705,371
$1.7M
Cap Rate 9%
$1,326,400
$1.3M
Market Conditions
NOI Build-Up for 6,114 SF
Gross rent
$165.1K $27.00/SF
− Vacancy
−$5.9K −$0.97/SF
EGI
$159.2K $26.03/SF
− OpEx
−$39.8K −$6.51/SF
NOI
$119.4K $19.53/SF
Area
Hancock County, OH
Vacancy
3.58%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,387,520
Cap Rate 7%
$1,705,371
Cap Rate 9%
$1,326,400
Alternative Uses
Best Use
Specialty Retail
$1.71M
$1.49M – $1.99M
NOI $119,376 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
29,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
407k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 25%
Superstores 24%
Dining 24%
Home Improvements & Furnishings 14%
Walmart
Superstores
97,017 visits/mo
0.3 miles
Kohl's
Apparel
53,758 visits/mo
0.4 miles
T.J. Maxx
Apparel
44,070 visits/mo
0.3 miles
Menards
Home Improvements & Furnishings
40,206 visits/mo
0.0 miles
Olive Garden
Dining
16,980 visits/mo
0.3 miles
Demographics for 45840, OH
54,901
Population
25,396
Households
2.2
Avg Household Size
40
Median Age
33%
College-Educated
95%
High-School Grad
166.5 sq mi
ZIP Area
330
Density / Sq Mi
$64,076
Median Household Income
$42,546
Median Earnings
$934
Median Rent
$203,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Stevi B's Pizza Buffet — 7535 Patriot Dr, Findlay, OH 45840
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The absolute NNN lease places no property-related duties on the landlord and includes scheduled rent escalations.
Where is this conventional restaurant located?
The property is located at 15080 Flag City Dr Findlay, OH.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 6,114‑square‑foot Buffalo Wild Wings restaurant; Absolute NNN lease with no landlord responsibilities; Scheduled 10% rent increases during the initial term
