Cushman & Wakefield’s Chris Hollenbeck and Shane Carter, along with local broker of record Brett Preston of PIRES International, part of the Cushman & Wakefield Alliance, represented the seller, Mavin Capital, LLC, in the transaction. The property was acquired by FCPT Acquisitions, LLC c/o Four Corners Property Trust.
"The sale of this restaurant property demonstrates the continued demand for high-quality, net-leased retail assets with strong corporate tenants," said Hollenbeck. "With a long-term lease in place and a prime location in Farmington’s main commercial corridor, this property offers investors stable income and minimal management responsibilities."
2700 E Main St. features a modern 6,178-square-foot building with a drive-thru, ample parking and prominent frontage on Main Street/NM 516. Buffalo Wild Wings, the tenant, operates over 1,300 locations nationwide and is recognized as the leading sports bar chain in the U.S.
Located at a hard corner in Farmington’s bustling East Main Street commercial corridor, the property benefits from excellent visibility and accessibility. The site is surrounded by national retailers and serves not only Farmington’s residents but also regional populations from Shiprock, Aztec, Bloomfield, Southern Colorado and the Navajo Nation.