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5802 S Transit Rd
Lockport, NY 14094
TACO BELL – LOCKPORT, NY · Retail Property For Sale
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
(Building & Land) Fee Simple
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,883 SF
Building Class
B
Year Built
2010
Price
$2,925,000
Price Per SF
$1,014.57
Cap Rate
5.75%
NOI
$168,188
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.26 AC
Zoning
C
Frontage
56’ on Transit Rd
Amenities
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
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
Parcel Number
292600-123-017-0001-038-002
Land Assessment
$550,000
Improvements Assessment
$602,000
Total Assessment
$1,152,000
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