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34281802
34281801

5802 South Transit Road, Lockport, NY 14094

JZ
AZ SA545840000, NE NE 20070698
Commercial Investment Advisors (CIA) Scottsdale
Listed by Commercial Investment Advisors (CIA) Scottsdale
$2,925,000
5 days on market
Updated 5 days ago

TACO BELL (STRONG SALES) – LOCKPORT, NY

Details
Property Type Retail
Sub Type Bank, QSR/Fast Food (+1)
Square Footage 2,883
Cap Rate 5.75%
NOI $168,188
Occupancy 100%
Tenancy Single
Brand/Tenant Taco Bell
Lease Type Absolute NNN
Lease Expiration 12/31/2039
Rent Bumps Yes
Lease Options Three 5-Year Renewal Options
Year Built 2011
Buildings 1
Acreage 1.257
Zoning C
Parking Spaces 33 spaces
Parking per 1,000 SqFt 11.45
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 03/06/2011
Ground Lease No
Ownership Fee Simple (Building & Land)

Retail | 5.75% CAP | 2,883 SqFt

Marketing description

Taco Bell has 13 years remaining on Absolute NNN lease with an attractive 9.16% rental escalation on April 1, 2031 and 10% every 5 years thereafter in option renewal periods. The Tenant, KBP Brands (Parent Company of KBP Bells, LLC) operates ±1,100 locations across 4 brands in 32 states. KBP Bells, LLC (Tenant) is a ±50-unit Taco Bell entity with locations in New York, Illinois, Missouri, Colorado, Kansas, Iowa & New Mexico. The Asset is Successfully open & operating since 2011 with attractive 8.98% Rent to Sales Ratio (YE 2025)! Tenant agreed to an early lease extension in 2023 reaffirming their commitment to the location!

Taco Bell is Well-positioned on a large ±1.257-acre parcel lot with exceptional visibility/ access on S Transit Rd, market’s primary north/south thoroughfare, with traffic counts of 30,817 CPD! One block from Walmart, Home Depot & T.J. Maxx. Retailers in the area include Walmart, Home Depot, T.J. Maxx, Runnings, Shoe Dept., Five Below, PetSmart, Aldi, Tops Friendly Market, Tractor Supply, Harbor Freight, Dollar General, Dollar Tree, Family Dollar, Goodwill, Planet Fitness, YMCA. It is 10 miles from SUNY Niagara Sanborn - A public community college offering over 60 programs of study, serving over 5,500 students; Less than 1 mile from Lockport Memorial Campus of Mount St. Mary’s Hospital - The newly constructed, state-of-the-art “neighborhood hospital” features a fully-equipped 20-bed emergency department, a 10-bed inpatient medical unit (with an ability to expand to 20, if needed), serving more than 80,000 residents of eastern Niagara County.

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 and 10% every 5 years thereafter in option renewal periods
  • OPERATOR | TENANT: KBP Brands (Parent Company of KBP Bells, LLC) operates ±1,100 locations across 4 brands in 32 states. KBP Bells, LLC (Tenant) is a ±50-unit Taco Bell entity with locations in New York, Illinois, Missouri, Colorado, Kansas, Iowa & New Mexico
  • SEASONED SALES LOCATION: Successfully open & operating since 2011 with attractive 8.98% Rent to Sales Ratio (YE 2025)! Tenant agreed to an early lease extension in 2023 reaffirming their commitment to the location!
  • TRAFFIC COUNTS: Well-positioned on a large ±1.257-acre parcel lot with exceptional visibility/ access on S Transit Rd, market’s primary north/south thoroughfare, with traffic counts of 30,817 CPD! One block from Walmart, Home Depot & T.J. Maxx
  • 2025 DEMOGRAPHICS: Total Population (5MI): 45,797 | Average Household Income (1MI): $100,259

Listing Contacts

JZ
AZ SA545840000, NE NE 20070698
Commercial Investment Advisors (CIA) Scottsdale
Listed by Commercial Investment Advisors (CIA) Scottsdale

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$168,188.00
$14,015.67/mo

Valuation Metrics

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DSCR
5.75%
Cap Rate
5.75%
ROI

Map

Zoning

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B-2 CommercialGeneral CommercialGeneral Business Use
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Last updated Mar 5, 2026 For deeper zoning details, reports are available at Zoneomics

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