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TACO BELL – LACKAWANNA, NY 1361 Abbott Rd

2,100 SF Retail Building Buffalo, NY 14218 $3,780,392 CAD ($1,800 CAD/SF) 6% Cap Rate

Investment Highlights

  • Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
  • New, high-quality, build-to-suit of Taco Bell’s newest prototype - slated to open in November 2024 (est. - under construction)
  • Traffic counts of 29,041 CPD, less than 1 mile west of I-90/US-Hwy 219 (traffic counts: 48,752 CPD)!
  • KBP Bells, LLC is a 47-unit (and growing) Taco Bell entity (subsidiary holding of KBP Brands ±1,000-unit operator)
  • Well positioned on a signalized/hard corner with excellent drive-by visibility and access on Abbott Rd (main North/South thoroughfare)
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 179,599 | Average Household Income (1-MI): $89,331

Executive Summary

(Building & Land) Fee Simple

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,100 SF
Building Class
B
Year Built/Renovated
1986/2024
Price
$3,780,392 CAD
Price Per SF
$1,800 CAD
Cap Rate
6%
NOI
$226,795 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.71 AC
Zoning
C
Frontage
156 ft on Abbott Rd

Amenities

  • Pylon Sign
  • Restaurant
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Accommodation and Food Services
  • 2,100 SF
  • -
  • -

Taco Bell est né et a grandi en Californie et existe depuis 1962. Ils sont passés de la vente de tacos crunchy préférés de tous sur la côte Ouest à une marque mondiale. Ils sont non seulement la plus grande marque de service rapide (QSR) d'inspiration mexicaine au monde, ils font également partie du plus grand groupe de restaurants au monde : Yum ! Marques. Une grande partie de leur amour pour les fans et de leurs liens authentiques avec leurs communautés sont enracinés dans le fait d'être des rebelles avec une cause. En s'assurant qu'ils utilisent des ingrédients durables de haute qualité ou en améliorant la technologie des restaurants d'une manière qui n'a jamais été faite auparavant, ils continueront d'être inclusifs et audacieux, de remettre en question le statu quo et de repousser les limites de l'industrie. C'est une entreprise qui célèbre et défend la différence, qui a une expression de soi audacieuse, s'efforce d'un avenir meilleur et qui apporte du plaisir pendant qu'ils y sont. Ils alimentent leur culture avec de vraies personnes qui apportent des expériences uniques. Ils inspirent et permettent à leurs équipes et au monde entier de vivre plus.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Accommodation and Food Services 2,100 SF - -

Nearby Major Retailers

Tim Hortons
Premier Rental Purchase
Northwest Bank
Rent-A-Center
Tops Xpress Fuel
KeyBank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
140900-142-070-0004-019-000
Land Assessment
$110,335 CAD
Improvements Assessment
$113,412 CAD
Total Assessment
$223,747 CAD
  • Listing ID: 34144213

  • Date on Market: 2024-08-13

  • Last Updated:

  • Address: 1361 Abbott Rd, Buffalo, NY 14218

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