3949 Lockport Olcott Rd | Lockport, NY 14094
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3949 Lockport Olcott Rd
Lockport, NY 14094
Tops Friendly Markets · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 10-Year Lease Extension | Absolute Triple-Net | 30-Year Operating History
- Future Upside Potential with Ideal Real Estate Fundamentals
- This Location Features a Fuel Station (Only 39% of Tops Stores Contain Fuel Stations)
- Corporate Lease with Tops Markets, LLC | 149 Locations | Leading Grocer in Upstate New York
- Lease Contains Rental Increases Every Five Years | Hedge Against Inflation
- 4.2 Miles from the Nearest Tops Store, 5.6 Miles from ALDI, and Six Miles from Walmart Supercenter
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
55,515 SF
Building Class
B
Year Built
1993
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.23
Lot Size
5.60 AC
Zoning
5
Parking
500 Spaces (9.34 Spaces per 1,000 SF Leased)
Frontage
281’ on Lockport-olcott Rd
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 292800-081-002-0002-055-000 | Improvements Assessment | $2,822,100 |
| Land Assessment | $235,500 | Total Assessment | $3,057,600 |
PROPERTY TAXES
Parcel Number
292800-081-002-0002-055-000
Land Assessment
$235,500
Improvements Assessment
$2,822,100
Total Assessment
$3,057,600
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