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6121 Robinson Rd 6,991 SF Retail Building Lockport, NY 14094 $1,166,000 ($166.79/SF) 7% Cap Rate
Investment Highlights
- Discount Tire Corporate Lease
- Minimal Landlord Responsibility
- Excellent Access & Visibility
- 28+ Year Operating History
- 20 Minutes to Niagara Falls
- Recession-Resistant (and Future-Proof) Industry
Executive Summary
Dunn Tire has successfully operated at this facility since 1997, expanding the building in 2011 and signing two, long-term extensions that today guarantee cash flow through June 2029 with one, five-year option to follow. A Landlord-favorable, NN lease is in effect where ownership’s liability is limited primarily to roof and structural components of the Property and premises.
Although doing business as a Dunn Tire, the tenant on the lease today is Discount Tire following Discount Tire’s 2023 acquisition of the Dunn Tire chain. Discount Tire is the largest family-owned retail tire business in U.S., is among the largest private companies in the U.S. and currently holds the largest dollar share of the U.S. tire market, generating $9.7 billion in revenue in 2024 from a footprint that includes more than 1,150 stores across 39 states.
Property Facts
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
- -
- -
- -
Exxpress Tire Delivery (ETD) has been a wholesale tire distributor since 1993, providing some of the most dependable delivery times in the business. They participate in all factory purchase and resale programs with all major brands. They look forward to providing you with the type of service that has made they a leader in their industry. Propel your business forward with leading edge technology through their online by having the ability to check stock levels and place online orders 24 hours a day. In addition, your online account will allow you to create custom quotes, check your account balance, view purchase history, and much more.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 292600-138-009-0001-002-012 | Improvements Assessment | $670,000 |
| Land Assessment | $130,000 | Total Assessment | $800,000 |
Property Taxes
Presented by
6121 Robinson Rd
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