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459 S. Transit Road Lockport, NY 14094

459 S Transit St, Lockport, NY 14094

Listing Price: $2,900,000

Cap Rate
6.21%
Tenant Name
O'Reily
Years Remaining On Lease
12.9
Gross SF
14,832
Guarantor
No Guarantee
Rentable SF
14,832
Price/Gross SF
$195.52
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.14

Investment Overview

Long-Term Lease Security: Newly signed 10-year lease with an 8% rent increase
scheduled for February 2030

Ample On-Site Parking: Property offers convenient on-site parking to support customer
traffic and daily operations

Strong Retail Synergy: Nearby retailers include Caliber Collision, Pep Boys, Aldi,
PetSmart, Burger King, Wendy's, OfficeMax, Tim Hortons, Five Below, and TJ Maxx.

Investment Highlights

  • Long-Term Lease Security: Newly signed 10-year lease with an 8% rent increase scheduled for February 2030
  • Ample On-Site Parking: Property offers convenient on-site parking to support customer traffic and daily operations
  • Strong Retail Synergy: Nearby retailers include Caliber Collision, Pep Boys, Aldi, PetSmart, Burger King, Wendy's, OfficeMax, Tim Hortons, Five Below, and TJ Maxx.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s) NY: 10311204479

    New York

Auto Parts

459 S. Transit Road Lockport, NY 14094

Listing Price: $2,900,000

Cap Rate
6.21%
Tenant Name
O'Reily
Years Remaining On Lease
12.9
Gross SF
14,832
Guarantor
No Guarantee
Rentable SF
14,832
Price/Gross SF
$195.52
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.14

Investment Highlights

  • Long-Term Lease Security: Newly signed 10-year lease with an 8% rent increase scheduled for February 2030
  • Ample On-Site Parking: Property offers convenient on-site parking to support customer traffic and daily operations
  • Strong Retail Synergy: Nearby retailers include Caliber Collision, Pep Boys, Aldi, PetSmart, Burger King, Wendy's, OfficeMax, Tim Hortons, Five Below, and TJ Maxx.

Investment Overview

Long-Term Lease Security: Newly signed 10-year lease with an 8% rent increase scheduled for February 2030 Ample On-Site Parking: Property offers convenient on-site parking to support customer traffic and daily operations Strong Retail Synergy: Nearby retailers include Caliber Collision, Pep Boys, Aldi, PetSmart, Burger King, Wendy's, OfficeMax, Tim Hortons, Five Below, and TJ Maxx.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s): NY: 10311204479

    New York

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