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5667 Transit rd
Lockport, NY 14094

$2,221,257 USD

General Retail For Sale  •  1,739 SF

Property Details

  • Property Type General Retail
  • Total Building Size 1,739 SF
  • Year Built 2024
  • Cap Rate 7.00 %
0 Transit Score
53 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 South Transit Rd which sees nearly 30,000 vehicles daily
5-Mile population of ±46,935 residents & 10-Mile population of 159,388 residents
Cap Rate: 7.00 %

Public Transportation

AirportDriveWalkDistance
Buffalo Niagara International 22 min - 15.8 mi
Niagara Falls International 24 min - 16.9 mi
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services