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1940 Ridge rd
Buffalo, NY 14224 Cheektowaga

$2,057,142 USD

Auto Repair For Sale  •  1,738 SF

Property Details

• Property Type Auto Repair
• Total Building Size 1,738 SF
• Lot Size 4.47 AC
• Building Class C
• Year Built 2024
• Cap Rate 7.00 %
• Tenancy Single
• Zoning F1

0 Transit Score

48 Walk Score

Highlights

Newer 2024 build-to-suit construction for Take 5

15-Year absolute NNN lease with zero landlord responsibilities

10% rent increases every 5 years for the entire term of the lease (base + options)

The property qualifies for bonus depreciation (consult with a tax professional for details)

Well position along Ridge Rd less 1-mile from I-90 which sees roughly 100,000 vehicles daily

5-Mile population of ±181,116 residents & 10-Mile population of 611,809 residents

Cap Rate:

7.00 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Buffalo (Empire Service - Amtrak, Maple Leaf - Amtrak)	14 min	-	7.0 mi
Buffalo Depew Station (Empire Service - Amtrak, Lake Shore Limited - Amtrak, Maple Leaf - Amtrak)	15 min	-	8.9 mi
Airport	Drive	Walk	Distance
Buffalo Niagara International	20 min	-	12.0 mi
Niagara Falls International	41 min	-	25.1 mi