5682 S Transit Rd 2,286 SF Retail Building Lockport, NY 14094 $2,222,400 ($972.18/SF) 6.50% Cap Rate

CBRE is pleased to exclusively present for sale this KFC location in Lockport, New York, positioned along the area’s primary commercial corridor on South Transit Road. The 2,286-square-foot restaurant sits on a 0.86-acre parcel and is secured by a 20-year Absolute NNN lease with approximately 5+ years of term remaining, offering investors passive ownership with minimal landlord responsibilities. The lease is guaranteed by KBP Brands, one of the largest quick-service restaurant franchise operators in the US, operating more than 1,100 restaurants across 30+ states and generating approximately $1.5 billion in annual revenue. The lease features 10% rental increases every five years, providing built-in income growth during the remaining base term and throughout the four (4) five-year renewal options.
The property is strategically located in Niagara County, between the major population centers of Buffalo, Niagara Falls, and Rochester, and benefits from strong visibility along South Transit Road (27,563 vehicles per day). Positioned just 1.3 miles south of the intersection of Transit Road and NY-31, the site offers convenient regional connectivity to Niagara Falls (22.5 miles), Buffalo (26 miles), and Rochester (60 miles), supporting both local and commuter traffic. The location also benefits from limited direct brand competition, with the nearest KFC located approximately 12 miles away, reinforcing the site’s established presence in the trade area.
The KFC is located within a dominant retail corridor surrounded by major national tenants including Walmart, The Home Depot, Aldi, TJ Maxx, Goodwill, Tops Friendly Markets, and Runnings. The property also sits at the entrance to a dense quick-service restaurant cluster featuring McDonald’s, Wendy’s, Arby’s, Five Guys, Burger King, and Popeyes, positioning the site as a convenient drive-thru stop for travelers along Transit Road. Nearby demand drivers such as Foxwood Place Apartments, Lockport Memorial Hospital, and nearby hotels including Spark by Hilton and Quality Inn further support consistent traffic to the location.