1361 Abbott Rd - Fast Food FOR SALE
Buffalo, NY 14218 |
$2,667,000 USD
402-730-6021
1361 Abbott Rd
Buffalo, NY 14218
HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- KBP Bells, LLC is a 47-unit (and growing) Taco Bell entity (subsidiary holding of KBP Brands ±1,000-unit operator)
- New, high-quality, build-to-suit of Taco Bell’s newest prototype - slated to open in November 2024 (est. - under construction)
- Well positioned on a signalized/hard corner with excellent drive-by visibility and access on Abbott Rd (main North/South thoroughfare)
- Traffic counts of 29,041 CPD, less than 1 mile west of I-90/US-Hwy 219 (traffic counts: 48,752 CPD)!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 179,599 | Average Household Income (1-MI): $89,331
FOR SALE DETAILS
PRICE
$2,667,000 USD
PRICE/SF
$1,270 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
TACO BELL – LACKAWANNA, NY
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.71 AC
LAND SF
30,928 SF
ZONING
C
APN/PARCEL ID
140900-142-070-0004-019-000
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402-730-6021
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402-730-6021
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