Fast Food For Sale • 2,480 SF
| Starbucks Corporation (NASDAQ: SBUX; S&P: BBB+) signed a new 10-year Triple Net (NNN) Lease commencing September, 2025. |
| Positioned on South Transit Road, Lockport's primary retail corridor, with over 27,000 vehicles per day. |
| The building occupies a pad site outparcel to Tops Plaza, a Tops Friendly Markets-anchored shopping center. |
| Delivered in 2025 as a build-to-suit ground-up development. Buyers inherit a brand-new building with 163 feet of Transit Road frontage. |
| Fixed stepup escalations of 10% at each 5-year interval apply not just through the 10-year initial term but through all 4, 5-year extension options. |
| Over 45,000 residents within a 5-mile radius earning an average household income exceeding $93,000. |
| Cap Rate: | 6.75 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Starbucks | 2,480 SF | 2/29/2036 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Niagara Falls International | 26 min | - | 15.1 mi |
| Buffalo Niagara International | 23 min | - | 15.6 mi |