About This Restaurant
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 July 2024 (est. - under construction) Traffic counts of 11,308 CPD! KBP Bells, LLC is a 47-unit (and growing) Taco Bell entity (subsidiary holding of KBP Brands ?1,000-unit operator) Positioned on a large ?1.03-acre lot with excellent drive-by visibility/access on NY- 324/Grand Island Blvd 2023 AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 93,768 | Average Household Income (1-MI): $143,685
Executive Summary
(Building & Land) Fee Simple
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Bank General Retail Restaurant General Retail Storefront Fast Food
- Building Size 2,200
- Year Built 2024
- Price 2,267,000
- Price Per SF 1,030
- Cap Rate 6
- NOI 136,000
- Tenancy Single
- Building Height 1 Story
Amenities
- Restaurant
- Signage
- Drive Thru
| Date Created: | 2024-07-16 04:18:00 | Last Updated: | 2024-07-16 04:18:00 |
| Address: | 1754 blvd , Grand Island, New York, 14072 | ||