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5737 S Transit Rd
Lockport, NY 14094
Arby's - 5737 S Transit Road, Lockport, NY · Retail Property For Sale
PROPERTY FACTS
AMENITIES
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ABOUT 5737 S TRANSIT RD , LOCKPORT, NY 14094
CBRE is pleased to present to qualified investors a single tenant net leased Arby’s outparcel. Located at 5737 South Transit Road/New York State Route 78, Lockport, New York 14094, the subject Property is a 2,586 square feet freestanding outparcel to a Walmart Supercenter which opened in 2016. The recently remodeled Property includes a new 15 year lease. Prior to the remodel, the store already had above average store sales of $1,256,907. The asset is ideally located in Lockport’s most densely populated retail corridor. The Property is surrounded by Aldi, Home Depot, TJMaxx, Big Lots, PetSmart, Applebee’s, Burger King, GNC, Panera Bread, Wendy’s, KeyBank, Harbor Freight, Taco Bell, Pizza Hut, KFC, Family Dollar, and Dollar Tree. Lockport is an active community with a variety of professional offices, big box retail, strip retail shopping centers, and light industrial facilities; over 850 retail and commercial establishments are located in the town along with more than 50 manufacturing firms. Lockport, New York is located in Niagara County and is the northwestern suburb of Buffalo, New York. The area is a popular day trip from Niagara Falls and Buffalo due to its rich history of the Erie Canal, popular specialty shops, retail stores and recreation. The asset is approximately 12 miles from the University of Buffalo.
PROPERTY TAXES
| Parcel Number | 292600-123-013-0003-002-023 | Improvements Assessment | $800,000 |
| Land Assessment | $390,000 | Total Assessment | $1,190,000 |
PROPERTY TAXES
