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1941 Elmwood Ave
Buffalo, NY 14207 North Delaware

$2,478,685 USD

Auto Repair For Sale  •  53,313 SF

Property Details

• Property Type Auto Repair
• Total Building Size 53,313 SF
• Lot Size 0.36 AC
• Building Class C
• Year Built 1920
• Cap Rate 7.00 %
• Tenancy Single
• Zoning D-S

47 Transit Score

70 Walk Score

Highlights

Brand new 2025 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)

Corporate guaranty from an experienced Take 5 Oil Change operator (±60 T5 locations& 245 locations across all franchise brands)

Well position along Elmwood Ave which sees nearly 40,000 vehicles daily (intersection of Elmwood and Hertel)

Cap Rate:

7.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Hyatt's - All Things Creative

Public Transportation

Commuter Rail	Drive	Walk	Distance
	15 min	-	7.7 mi
Airport	Drive	Walk	Distance
Buffalo Niagara International	22 min	-	8.3 mi
Niagara Falls International	27 min	-	12.9 mi