KFC | Lockport, NY
KFC | Abs. NNN | Retail Corridor w/ 27k VPD | Niagara Falls Tourism | 7.00% Cap
Marketing description
CBRE is pleased to exclusively present for sale this KFC location in Lockport, New York, positioned along the area’s primary commercial corridor on South Transit Road. The 2,286-square-foot restaurant sits on a 0.86-acre parcel and is secured by a 20-year Absolute NNN lease with approximately 5+ years of term remaining, offering investors passive ownership with minimal landlord responsibilities. The lease is guaranteed by KBP Brands, one of the largest quick-service restaurant franchise operators in the US, operating more than 1,100 restaurants across 30+ states and generating approximately $1.5 billion in annual revenue. The lease features 10% rental increases every five years, providing built-in income growth during the remaining base term and throughout the four (4) five-year renewal options.
The property is strategically located in Niagara County, between the major population centers of Buffalo, Niagara Falls, and Rochester, and benefits from strong visibility along South Transit Road (27,563 vehicles per day). Positioned just 1.3 miles south of the intersection of Transit Road and NY-31, the site offers convenient regional connectivity to Niagara Falls (22.5 miles), Buffalo (26 miles), and Rochester (60 miles), supporting both local and commuter traffic. The location also benefits from limited direct brand competition, with the nearest KFC located approximately 12 miles away, reinforcing the site’s established presence in the trade area.
The KFC is located within a dominant retail corridor surrounded by major national tenants including Walmart, The Home Depot, Aldi, TJ Maxx, Goodwill, Tops Friendly Markets, and Runnings. The property also sits at the entrance to a dense quick-service restaurant cluster featuring McDonald’s, Wendy’s, Arby’s, Five Guys, Burger King, and Popeyes, positioning the site as a convenient drive-thru stop for travelers along Transit Road. Nearby demand drivers such as Foxwood Place Apartments, Lockport Memorial Hospital, and nearby hotels including Spark by Hilton and Quality Inn further support consistent traffic to the location.
Investment highlights
Long-Term, Absolute NNN Lease with Renewal Options
The property is secured by a 20-year Absolute NNN lease with 5+ years of term remaining and four (4) five-year renewal options, offering long-term stability and continued upside through contractual rent escalations.
Experienced Multi-Unit Operator | KBP Brands Guaranty
The lease is guaranteed by KBP Brands, one of the largest quick-service restaurant franchise operators in the US. Founded in 1999, KBP owns and operates more than 1,100 restaurants across 30+ states, including major brands such as KFC, Taco Bell, Arby’s, and SONIC. The company generates approximately $1.5 billion in annual revenue and employs over 20,000 people nationwide, providing strong operational backing for the lease.
Strategically Located in Niagara County Retail Corridor
The property is located along South Transit Road (27,563 VPD) in Lockport, one of the area’s primary commercial corridors connecting the region between Buffalo, Niagara Falls, and Rochester, providing strong visibility and consistent traffic flow.
Dominant Fast-Food Corridor Positioning
The KFC is positioned at the entrance of a concentrated quick-service restaurant corridor, serving as the first drive-thru option for travelers heading south on Transit Road. Nearby national QSR tenants include McDonald’s, Wendy’s, Arby’s, Five Guys, Burger King, and Popeyes, creating strong restaurant synergy and consistent consumer traffic.
Limited Competition | Nearest KFC 12 Miles Away
The subject property benefits from limited brand competition, with the next closest KFC located approximately 12 miles away, helping reinforce the location’s regional draw and long-standing presence in the market.
Strong Retail Synergy with National Tenants
The property is surrounded by a dense retail trade area with major national tenants including Walmart, The Home Depot, Aldi, TJ Maxx, Goodwill, Tops Friendly Markets, and Runnings, driving significant daily consumer traffic to the corridor.
Built-In Consumer Base from Nearby Employers & Housing
The site sits directly in front of Foxwood Place Apartments and Lockport Memorial Hospital, providing a consistent base of nearby residents, hospital staff, and visitors. Additionally, nearby hotels including Spark by Hilton Lockport and Quality Inn Lockport contribute to steady traveler demand.
Strategic Regional Connectivity
The property is located 1.3 miles south of the intersection of Transit Road and NY-31, a major east-west route connecting Lockport to Niagara Falls (22.5 miles) and Rochester (60 miles), while Buffalo is just 26 miles away, supporting strong regional accessibility.
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