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5789 S Transit Rd
Lockport, NY 14094

$2,481,481 USD

Fast Food For Sale  •  2,480 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,480 SF
  • Lot Size 0.92 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning B-2
30 Transit Score
40 Walk Score

Highlights

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 %

Major Tenants

Tenant SF Occupied Lease End Date
Starbucks 2,480 SF 2/29/2036

Public Transportation

AirportDriveWalkDistance
Niagara Falls International 26 min - 15.1 mi
Buffalo Niagara International 23 min - 15.6 mi
Tyler McGarry 310-558-2029 Sands Investment Group Santa Monica, LLC
Tyler McGarry 310-558-2029 Sands Investment Group Santa Monica, LLC