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TACO BELL – LOCKPORT, NY 5802 S Transit Rd 2,883 SF Retail Building Lockport, NY 14094 $3,058,000 ($1,060.70/SF) 5.50% Cap Rate
Investment Highlights
- LONG-TERM ABSOLUTE NNN LEASE: 13 years remaining on Absolute NNN lease with an attractive 9.16% rental escalation on April 1, 2031
- SEASONED SALES LOCATION: Successfully open & operating since 2011 with attractive 8.98% Rent to Sales Ratio (YE 2025)!
- Traffic counts of 30,817 CPD! One block from Walmart, Home Depot & T.J. Maxx
- OPERATOR | TENANT: KBP Brands (Parent Company of KBP Bells, LLC) operates ±1,100 locations across 4 brands in 32 states.
- Tenant agreed to an early lease extension in 2023 reaffirming their commitment to the location!
- 2025 DEMOGRAPHICS: Total Population (5MI): 45,797 | Average Household Income (1MI): $100,259
Executive Summary
Property Facts
Amenities
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- Dec 2039
Taco Bell was born and raised in California and has been around since 1962. They went from selling everyone’s favorite Crunchy Tacos on the West Coast to a global brand. They're not only the largest Mexican-inspired quick service brand (QSR) in the world, they’re also part of the biggest restaurant group in the world: Yum! Brands. Much of their fan love and authentic connection with their communities are rooted in being rebels with a cause. From ensuring they use high quality, sustainable ingredients to elevating restaurant technology in ways that hasn’t been done before, they will continue to be inclusive, bold, challenge the status quo and push industry boundaries. They’re a company that celebrates and advocates for different, has bold self-expression, strives for a better future, and brings the fun while they’re at it. They fuel their culture with real people who bring unique experiences. They inspire and enable their teams and the world to Live Más.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | Dec 2039 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 292600-123-017-0001-038-002 | Improvements Assessment | $602,000 |
| Land Assessment | $550,000 | Total Assessment | $1,152,000 |
Property Taxes
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TACO BELL – LOCKPORT, NY | 5802 S Transit Rd
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