6121 Robinson Rd - Auto Repair FOR SALE


Lockport, NY 14094
$1,166,000 USD
404-823-6360
6121 Robinson Rd, Lockport, NY for Sale
$1,166,000 USD
Auto Repair - FOR SALE
1/9
null | 7% Cap Rate

6121 Robinson Rd
Lockport, NY 14094


HIGHLIGHTS

  • Discount Tire Corporate Lease
  • 28+ Year Operating History
  • Minimal Landlord Responsibility
  • 20 Minutes to Niagara Falls
  • Excellent Access & Visibility
  • Recession-Resistant (and Future-Proof) Industry

OVERVIEW

Northmarq, on behalf of ownership, is pleased to present the opportunity to acquire the fee simple interest in the Dunn Tire located at 6121 Robinson Road in Lockport, New York (the “Property”). Positioned at the corner of two state highways (NY-78 and NY-93), the Property is within the Buffalo-Niagara Falls metro area, conveniently positioned within 20 minutes of each. Dunn Tire has successfully operated at this facility since 1997, expanding the building in 2011 and signing two, long-term extensions that today guarantee cash flow through June 2029 with one, five-year option to follow. A Landlord-favorable, NN lease is in effect where ownership’s liability is limited primarily to roof and structural components of the Property and premises. Although doing business as a Dunn Tire, the tenant on the lease today is Discount Tire following Discount Tire’s 2023 acquisition of the Dunn Tire chain. Discount Tire is the largest family-owned retail tire business in U.S., is among the largest private companies in the U.S. and currently holds the largest dollar share of the U.S. tire market, generating $9.7 billion in revenue in 2024 from a footprint that includes more than 1,150 stores across 39 states.

FOR SALE DETAILS

PRICE

$1,166,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

B-2

APN/PARCEL ID

292600-138-009-0001-002-012

ASK ABOUT THIS PROPERTY

Colin CouchNorthmarqMore Info
404-823-6360

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Colin CouchNorthmarqMore Info
404-823-6360

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.