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Investment

Investment Properties in Buffalo, New York

 

Investment Properties

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3527 Union Road, Cheektowaga, NY 14075

 

DESCRIPTION


This property is a freestanding Pizza Hut on Union Road, Cheektowaga, New York. The subject property sits on a 0.48 +/ acre parcel, and the building is 2,220 +/- square feet. This operating Pizza Hut is an established location where it has operated successfully for many years and newly remolded recently. There are currently 2+/year remaining on the current lease term, with three (3), 5 year renewal options. The rent escalates by ten percent in each option period, and historically. This is a true triple net (NNN) lease investment opportunity with zero landlord responsibilities. 

This investment opportunity is offered at a fundamental purchase price of $588,000Also have a second fully leased Pizza Hut available at 5565 Camp Road, Hamburg, NY. Call For Details.

This property is strategically located on the corner of Camp Road and Deacon Street, very close to the Walmart and the McKinley Mall, which attracts visitors from many surrounding areas. 1/2 mile south of the Camp Rd. NYS Thruway exit 57.

 

HIGHLIGHTS

 

DETAILS


  • Great Investment Opportunity
  • NYS Thruway I-90 Access
  • High Traffic Count
  • Very Close to the Walden Galleria Mall (Cheektowaga Location)
  • Minimal Landlord Responsibility
  • Corner Location

Price:    Price Not Disclosed    
No. Stories:    1
Building Size:    2,220 SF    
Tenancy:    Single
Property Type:   Retail    
Year Built:    1972
Property Sub-type:  Restaurant  
Lot Size:    118' x 157'
Property Use Type:    Net Lease Investment; Fully Leased 
Occupancy:    100%