Looking to buy a Buffalo Wild Wings NNN property? 12 are observed for sale across 8 states, median asking cap rate 6.00%. View Buffalo Wild Wings NNN properties for sale, cap rate bands and the 1031 buyer guide.
| Metric | Details |
|---|---|
| Parent company | Inspire Brands, Inc. (privately held), which also owns Arby’s, Baskin-Robbins, Dunkin’, Jimmy John’s and Sonic |
| S&P / Moody’s | no verified rating / no verified rating |
| Investment grade status | Not Yet Verified |
| Ownership model | Mix of company-owned and franchised restaurants |
| Median asking cap rate | See the live table below |
Buffalo Wild Wings: no confirmed agency rating. No rating for Buffalo Wild Wings has been verified against a primary source (an agency rating action or an issuer filing), so none is shown. If a rating is verified, it will appear here. Ratings checked October 8, 2026. See the investment grade credit tenant ratings table.
Buffalo Wild Wings Business Overview
Buffalo Wild Wings is a sports bar and restaurant chain owned by Inspire Brands, a privately held multi-brand restaurant company that also owns Arby’s, Baskin-Robbins, Dunkin’, Jimmy John’s and Sonic. Inspire does not file financial statements with the SEC. The chain has both company-owned and franchised restaurants, and Inspire also lists a separate Buffalo Wild Wings GO concept.
Buffalo Wild Wings Credit Profile
Buffalo Wild Wings is a brand, not a rated company. Ratings on file in our ratings database for its parent group, Inspire Brands: S&P no verified rating, Moody’s no verified rating. A parent rating applies to a lease only if Inspire or a rated subsidiary signs or guarantees it; franchisee leases are backed by the franchisee. Confirm the tenant and guarantor in each lease.
Average sales per restaurant reported for the system are an operating metric, not proof that a specific location can support its rent. Ask for the store’s own sales and compare rent with those sales before relying on the lease.
Ratings come from our tenant ratings database. A rating at or above BBB‑/Baa3 is investment grade; see the investment grade guide.
Ratings: InvestmentGrade.com ratings database. “No verified rating” means no current agency rating has been confirmed from a primary source.
Buffalo Wild Wings NNN Cap Rates
Live asking cap rates for Buffalo Wild Wings and comparable tenants:
| Tenant | S&P / Moody’s | Median asking cap rate | Middle half of listings | Listings | Median vs. 10-year Treasury |
|---|---|---|---|---|---|
| Chili's | BB+ / n/a | 5.50% | 5.45% to 6.12% | 7 | +26 bps |
| Outback Steakhouse (rated entity: Bloomin' Brands, Inc.) | B+ / n/a | 5.50% | 5.25% to 6.00% | 11 | +26 bps |
| Olive Garden (rated entity: Darden Restaurants, Inc.) | BBB / Baa2 | 5.50% | 5.15% to 5.75% | 9 | +26 bps |
| LongHorn Steakhouse (rated entity: Darden Restaurants, Inc.) | BBB / Baa2 | 5.50% | 5.25% to 5.63% | 19 | +26 bps |
| Buffalo Wild Wings (rated entity: IRB Holding Corp. (Inspire Brands)) | n/a / n/a | 6.00% | 6.00% to 6.25% | 12 | +76 bps |
| Applebee's (rated entity: Dine Brands Global, Inc.) | n/a / NR | 7.00% | 6.46% to 7.63% | 26 | +176 bps |
Active listings InvestmentGrade.com tracks with an asking cap rate (stated in the listing, or computed from its stated income and price when no rate is stated), listings last observed October 12, 2026. Asking cap rates are not closed-sale cap rates. The middle half is the range from the 25th to the 75th percentile of listings. The 10-year Treasury yield is 5.24% as of October 1, 2026 (FRED series DGS10). Ratings are the agency ratings in our ratings database for the entity shown, which may be a parent company; the rating type (for example issuer, senior unsecured debt, long-term debt or revenue bond ratings) varies by company and is shown on each tenant page. A rating applies to a lease only if the rated entity signs or guarantees it, so confirm the tenant and any guarantor in the lease. n/a means no verified rating is on file. Not shown because fewer than 3 active listings with a published cap rate were observed: Texas Roadhouse.
Corporate and franchisee leases, and older full-size restaurants and newer smaller units, can price differently. Compare a property with listings for the same lease type and format.
What to Check in a Buffalo Wild Wings Lease
- Tenant and guarantor: whether the parent company, an operating subsidiary or a franchisee signs the lease, and any guarantee.
- Rent coverage: system-average sales do not show whether a specific restaurant can afford its rent; ask for store-level sales and estimate rent as a share of sales.
- Term and rent: remaining term, renewal options and rent increases.
- Re-use: full-service restaurant buildings suit other restaurant users; check parking, visibility and the condition of kitchen equipment.
- Brand health: recent closures and same-store sales trends reported by the parent.
Pros and Cons
| Strengths | Considerations |
|---|---|
| Well-known brand owned by a large restaurant company | Parent rating classified as not yet verified in our ratings database; private with no public financial statements |
| Company-owned locations may have a corporate tenant or guarantee; confirm in the lease | Franchisee leases rely on the franchisee’s credit |
| Restaurant buildings suit other restaurant users | Sports-bar traffic depends on the sports calendar and competition |
Frequently Asked Questions
Is Buffalo Wild Wings investment grade?
Buffalo Wild Wings itself is not rated; it is a brand of Inspire Brands. Ratings on file in our ratings database for Inspire Brands: S&P no verified rating, Moody’s no verified rating. A parent rating applies to a lease only if an Inspire entity signs or guarantees it, so confirm the tenant and any guarantor in each lease.
Do high average unit volumes make a Buffalo Wild Wings lease safe?
Not on their own. System-average sales do not show whether a particular restaurant can afford its rent. Get store-level sales, compare rent with sales, and confirm the tenant and guarantor.
Who owns Buffalo Wild Wings?
Inspire Brands, a privately held company that also owns Arby’s, Baskin-Robbins, Dunkin’, Jimmy John’s and Sonic.
Sources: Ratings from InvestmentGrade.com’s ratings database; brand ownership, the Buffalo Wild Wings GO concept and the mix of company and franchise locations from Inspire Brands (inspirebrands.com).
Buffalo Wild Wings Net Lease Property: Buying, Selling and Financing
Buying: We find on-market and off-market Buffalo Wild Wings properties, review the lease and the tenant’s credit, and compare pricing with current listings. On the majority of transactions, there is no separate fee to you as the buyer; the listing broker pays a cooperating commission.
Selling: We can prepare an opinion of value from current listings and recent sales and, when it fits your goals, run a confidential sale to private investors, family offices and institutional buyers. See our guide to off-market sales.
Financing: Investment Grade Capital, a service of Investment Grade LLC, matches buyers and owners with lenders for acquisitions and refinancing.
1031 exchanges: Tell us your identification and closing deadlines so we can plan the search around them.
Request an NNN investment consultation or email team@investmentgrade.com.
Related NNN Tenants
Buffalo Wild Wings NNN Properties Observed For Sale
12 active Buffalo Wild Wings net lease listings observed across public listing sources, most recently Oct 9, 2026. Asking figures as published by the listing party.
| Location | Asking Price | Cap Rate | Building SF | Term Left | |
|---|---|---|---|---|---|
| Bozeman, MT | $7,000,000 | 6.00% | 7,206 | n/a | View listing |
| Parkersburg, WV | $1,428,267 | 7.50% | 8,000 | 15.0 yrs | View listing |
| Olympia, WA | $2,590,000 | 4.75% | 6,243 | 1.9 yrs | View listing |
| Muskogee, OK | $3,000,000 | 7.00% | 19,000 | 9.4 yrs | View listing |
| Independence, MO | $2,545,488 | 6.25% | 5,272 | n/a | View listing |
| Roanoke, VA | $5,400,000 | 6.00% | 6,830 | n/a | View listing |
| Xenia, OH | $3,600,000 | 6.00% | 6,297 | n/a | View listing |
| Brooklyn, OH | $3,000,000 | 6.00% | 5,983 | n/a | View listing |
Search all 12 observed Buffalo Wild Wings listings and the full NNN inventory
Market observations aggregated from listing broker materials; not offerings by Investment Grade Income Property, LP. Buyer representation available on a cooperating commission basis. Information deemed reliable but not guaranteed.
