Property summary
This exceptional investment opportunity presents a fee-simple ownership of a thriving Buffalo Wild Wings restaurant in Lynchburg, Virginia. Located at 3812 Wards Rd, this Class A, 7,450 square foot property sits on a 0.94-acre lot and boasts a 100% occupancy rate. Built in 2015 and renovated in 2024, the single-story building features both indoor and outdoor seating, including unique outdoor bar seating. The property benefits from a prime location within a dominant shopping corridor, proximate to major retailers such as Walmart, Sam's Club, Texas Roadhouse, Cracker Barrel, Chick-fil-A, and Target, as well as a regional mall, Liberty University, and a Central Virginia Community College campus. The property is leased under an Absolute NNN lease with a strong, established tenant, Buffalo Wild Wings, providing significant long-term stability. The lease includes a recently extended term with more than 10 years remaining, featuring fixed 2% annual rent increases beginning January 1, 2025, offering excellent inflationary protection. This investment offers a compelling 6.85% cap rate and a price per square foot of $489.93, representing a strong return on investment. The asking price is $3,650,000. This is a rare opportunity to acquire a proven, high-performing restaurant in a desirable location with a secure, long-term lease.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
B3C · Lynchburg, VAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for B3C in Lynchburg, VA.
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