Log In/Sign Up
Your email has been sent.
Starbucks - Lockport, NY 5789 S Transit Rd 2,480 SF Retail Building Lockport, NY 14094 $2,481,481 ($1,000.60/SF) 6.75% Cap Rate
Investment Highlights
- Starbucks Corporation (NASDAQ: SBUX; S&P: BBB+) signed a new 10-year Triple Net (NNN) Lease commencing September, 2025.
- The building occupies a pad site outparcel to Tops Plaza, a Tops Friendly Markets-anchored shopping center.
- 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.
- Positioned on South Transit Road, Lockport's primary retail corridor, with over 27,000 vehicles per day.
- Delivered in 2025 as a build-to-suit ground-up development. Buyers inherit a brand-new building with 163 feet of Transit Road frontage.
- Over 45,000 residents within a 5-mile radius earning an average household income exceeding $93,000.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 2,480 SF Starbucks located at 5789 S Transit Road in Lockport, NY. The property is leased directly to Starbucks Corporation (NASDAQ: SBUX; S&P: BBB+), which recently executed a new 10-year Triple Net (NNN) Lease commencing in September, 2025. Featuring a purpose-built prototype with a drive-thru, this asset offers investors long-term, passive income backed by the world's largest coffeehouse chain with more than 40,000 locations worldwide and no franchisee credit risk.
In Cooperation With SIG RE Services NY LLC - Lic. #10991233211 BoR: Andrew Ackerman - Lic. NY #10491210161
In Cooperation With SIG RE Services NY LLC - Lic. #10991233211 BoR: Andrew Ackerman - Lic. NY #10491210161
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,480 SF
Building Class
B
Year Built
2025
Price
$2,481,481
Price Per SF
$1,000.60
Cap Rate
6.75%
NOI
$167,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.92 AC
Zoning
B-2
Frontage
163’ on Transit Rd
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Starbucks
- Accommodation and Food Services
- 2,480 SF
- $67.54
- Triple Net
- Feb 2036
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Starbucks | Accommodation and Food Services | 2,480 SF | $67.54 | Triple Net | Feb 2036 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 292600-123-017-0001-004-00A | Improvements Assessment | $0 |
| Land Assessment | $360,000 | Total Assessment | $360,000 |
Property Taxes
Parcel Number
292600-123-017-0001-004-00A
Land Assessment
$360,000
Improvements Assessment
$0
Total Assessment
$360,000
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
