1361 Abbott Rd, Buffalo, NY 14218
2,100 SF | Retail Building | Buffalo, NY 14218 | $2,783,000 ($1,325/SF) | 5.75% Cap Rate
For Sale
Active
Asking Price $2,783,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 2,100 SF
- Price / Square Foot
- $1,325
Listing Contacts
Kendall Carlsen
Property Overview
(Building & Land) Fee Simple
Property Details
- Class
- B
- Year Built/Renovated
- 1986/2024
- Stories
- 1
- Property Subtype
- Bank, Storefront
- Lot Size (sq. ft)
- 30,928 SF
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 October 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
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