$2,478,685 USD
214-692-2289
1941 Elmwood Ave
Buffalo, NY 14207
North Delaware
HIGHLIGHTS
- Brand new 2025 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)
- Corporate guaranty from an experienced Take 5 Oil Change operator (±60 T5 locations& 245 locations across all franchise brands)
- Well position along Elmwood Ave which sees nearly 40,000 vehicles daily (intersection of Elmwood and Hertel)
FOR SALE DETAILS
PRICE
$2,478,685 USD
PRICE/SF
$46 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Take 5
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1920
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.36 AC
LAND SF
15,682 SF
ZONING
D-S
APN/PARCEL ID
140200-078-620-0005-001-000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
214-692-2289
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
214-692-2289
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
