1940 Ridge rd
Buffalo, NY 14224
Cheektowaga
HIGHLIGHTS
- Newer 2024 build-to-suit construction for Take 5
- 15-Year absolute NNN lease with zero landlord responsibilities
- 10% rent increases every 5 years for the entire term of the lease (base + options)
- The property qualifies for bonus depreciation (consult with a tax professional for details)
- Well position along Ridge Rd less 1-mile from I-90 which sees roughly 100,000 vehicles daily
- 5-Mile population of ±181,116 residents & 10-Mile population of 611,809 residents
FOR SALE DETAILS
PRICE
$2,057,142 USD
PRICE/SF
$1,184 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Take 5 Oil Change
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
4.47 AC
LAND SF
194,655 SF
ZONING
F1
APN/PARCEL ID
146800-143-060-0004-001-000
ASK ABOUT THIS PROPERTY
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214-692-2289
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214-692-2289
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