81 Wilson Ave, Hanover, PA 17331-5207

This exceptional investment opportunity presents a fee-simple ownership of a 5,000 square foot Buffalo Wild Wings restaurant located at 81 Wilson Ave, Hanover, PA 17331. The property, built in 2012 on a 1.5-acre lot, benefits from a highly visible location as an outparcel to the Gateway Hanover Shopping Center, anchored by major retailers including Target, Sam's Club, Dick's Sporting Goods, Hobby Lobby, PetSmart, Ross, and Old Navy. The current tenant, Blazin Wings, Inc., a subsidiary of Buffalo Wild Wings, Inc., operates under a 15-year lease (originally commencing February 24, 2013) with approximately 3.3 years remaining on the primary term. The lease includes three, five-year renewal options, each with a 10% rent increase. The lease is a Net-Net (NN) structure, with landlord responsibilities limited to roof and structure maintenance. The property boasts a strong 7.00% cap rate and a current Net Operating Income (NOI) of $157,300, making it an attractive addition to any portfolio. The property is situated in a thriving retail corridor within York County, a growing area with continued development surrounding the shopping center. This is a passive investment opportunity with a strong corporate tenant and a proven track record of success. The asking price is $2,247,000.