4885 Transit Rd
Depew (Buffalo), NY 14043
Take 5 Oil Change
| Offering Summary | |||
|---|---|---|---|
| Price | $2,128,285 | Cap Rate | 7.00% |
| NOI | $149,000.00 | Rentable SF | 2,130 SF |
| Lot Size | 30,492 +/- SF | Year Built | 2023 |
| Lease Type | Absolute NNN | Lease Term | 15 Years |
Investment Highlights
- New 15-Year Absolute NNN Lease (Zero Landlord Responsibilities)
- 10% Rent Increases Every 5-Years in Primary Term & Options
- Lease Guaranteed by Purple Square Management, an Experienced
240+ Unit Operator of Take 5, Dunkin’ Donuts, & Popeyes - Great Visibility & Access Along Transit Road with Traffic Counts
Exceeding 28,000 Vehicles Per Day - Population Exceeds 138,000 Residents Within 5-Mile Radius
- Average Household Income Exceeds $96,000 (5-Mile Radius)
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com
Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com