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Investment Highlights

  • 20-year Absolute NNN lease with 5+ years remaining and four 5-year renewal options
  • Located on South Transit Road (27,563 VPD) in a major Lockport retail corridor
  • Limited competition with nearest KFC approximately 12 miles away
  • Lease guaranteed by KBP Brands, a 1,100+ unit national QSR operator
  • Positioned at entrance to a dense fast-food corridor with strong national co-tenancy
  • Surrounded by major retailers, apartments, hospital, and hotels driving steady traffic

Executive Summary

CBRE is pleased to exclusively present for sale this KFC location in Lockport, New York, positioned along the area’s primary commercial corridor on South Transit Road. The 2,286-square-foot restaurant sits on a 0.86-acre parcel and is secured by a 20-year Absolute NNN lease with approximately 5+ years of term remaining, offering investors passive ownership with minimal landlord responsibilities. The lease is guaranteed by KBP Brands, one of the largest quick-service restaurant franchise operators in the US, operating more than 1,100 restaurants across 30+ states and generating approximately $1.5 billion in annual revenue. The lease features 10% rental increases every five years, providing built-in income growth during the remaining base term and throughout the four (4) five-year renewal options.
The property is strategically located in Niagara County, between the major population centers of Buffalo, Niagara Falls, and Rochester, and benefits from strong visibility along South Transit Road (27,563 vehicles per day). Positioned just 1.3 miles south of the intersection of Transit Road and NY-31, the site offers convenient regional connectivity to Niagara Falls (22.5 miles), Buffalo (26 miles), and Rochester (60 miles), supporting both local and commuter traffic. The location also benefits from limited direct brand competition, with the nearest KFC located approximately 12 miles away, reinforcing the site’s established presence in the trade area.
The KFC is located within a dominant retail corridor surrounded by major national tenants including Walmart, The Home Depot, Aldi, TJ Maxx, Goodwill, Tops Friendly Markets, and Runnings. The property also sits at the entrance to a dense quick-service restaurant cluster featuring McDonald’s, Wendy’s, Arby’s, Five Guys, Burger King, and Popeyes, positioning the site as a convenient drive-thru stop for travelers along Transit Road. Nearby demand drivers such as Foxwood Place Apartments, Lockport Memorial Hospital, and nearby hotels including Spark by Hilton and Quality Inn further support consistent traffic to the location.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,286 SF
Building Class
B
Year Built/Renovated
1983/2012
Price
$2,756,989 CAD
Price Per SF
$1,206.03 CAD
Cap Rate
7.25%
NOI
$199,882 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.86 AC
Parking
25 Spaces (10.94 Spaces per 1,000 SF Leased)
Frontage
41’ on South Transit Rd

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 2,286 SF
  • -
  • Triple Net
  • Jan 2032

KFC est une marque mondiale de restaurants de poulet avec une riche histoire de succès et d'innovation qui dure depuis des décennies. Tout a commencé avec un cuisinier, le colonel Harland Sanders, qui a créé une bonne recette de lècher les doigts il y a plus de 75 ans — une liste de 11 herbes et d'épices secrètes rayées à l'arrière de la porte de sa cuisine. Aujourd'hui, ils suivent toujours sa formule de succès, avec de vrais cuisiniers panés et préparant fraîchement leur délicieux poulet à la main dans plus de 25 000 restaurants dans plus de 145 pays et territoires à travers le monde.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services 2,286 SF - Triple Net Jan 2032
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

KeyBank
NBT Bank
Five Guys
Denny's
Applebee's
Anytime Fitness
Tim Hortons
Starbucks
Tops Friendly Markets
Citizens Bank

Property Taxes

Property Taxes

Parcel Number
292600-123-013-0001-008-000
Land Assessment
$636,898 CAD
Improvements Assessment
$816,890 CAD
Total Assessment
$1,453,788 CAD
  • Listing ID: 39968949

  • Date on Market: 2026-03-31

  • Last Updated:

  • Address: 5682 S Transit Rd, Lockport, NY 14094

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