List Search

2374 Niagara Falls Blvd
Tonawanda, NY 14150 Parkview

$1,200,000 USD

Restaurant For Sale  •  1,365 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 1,365 SF
  • Lot Size 0.45 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning GB
25 Transit Score
63 Walk Score

Highlights

New 15-Year NNN Lease With 10% Rental Increases Every 5 Years and in Each of Four, 5-Year Renewal Options | No Landlord Responsibilities
Rent Set At 5 Year Average Rent to Sales Ratio of 6% | Ranked in the Top 9% of Checkers Locations Nationwide for Site Visits According to Placer.AI
Lease is Franchisee Guaranteed by a Strong, Award Winning Operator With a Long Operating History | Store Sales Are Significantly Above Average
Property Features Rare Indoor Dining Area, Outdoor Seating and Drive Thru Window | 1,365-SF on a +/-0.45 Acre Parcel
Property Features Three Points of Ingress and Egress, a Digital Pylon Sign and a Large Parking Lot With 26 Spaces
Corner Location With Strong Visibility Along Niagara Falls Blvd, Seeing 33,400+ Vehicles Per day

Property Flyers

Cap Rate: 6.75 %

Amenities

  • Pylon Sign

Public Transportation

AirportDriveWalkDistance
Buffalo Niagara International 16 min - 8.9 mi
Niagara Falls International 17 min - 9.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Darpan Patel 513-325-8682 Marcus & Millichap
Darpan Patel 513-325-8682 Marcus & Millichap