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TACO BELL – LOCKPORT, NY 5802 S Transit Rd 2,812 SF Retail Building Lockport, NY 14094 $3,943,100 CAD ($1,402.24 CAD/SF) 6% Cap Rate
Investment Highlights
- ?LONG-TERM ABSOLUTE NNN LEASE: 13 years remaining on Absolute NNN lease with an attractive 9.16% rental escalation on April 1, 2031
- KBP Bells, LLC (Tenant) is a ±50-unit Taco Bell entity with locations in New York, Illinois, Missouri, Colorado, Kansas, Iowa & New Mexico
- TRAFFIC COUNTS: Well-positioned on a large ±1.257-acre parcel lot with exceptional visibility/ access on S Transit Rd,
- OPERATOR | TENANT: KBP Brands (Parent Company of KBP Bells, LLC) operates ±1,100 locations across 4 brands in 32 states.
- ?SEASONED SALES LOCATION: Successfully open & operating since 2011 with attractive 8.98% Rent to Sales Ratio (YE 2025)!
- ?2025 DEMOGRAPHICS: Total Population (5MI): 45,797 | Average Household Income (1MI): $100,259
Executive Summary
Property Facts
Amenities
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Taco Bell began in 1962 when Glen Bell opened the first restaurant in Downey, California, building on earlier taco stands and a background in fast-service restaurant operations. The chain serves Mexican-inspired foods such as tacos, burritos, quesadillas, nachos, and beverages, and its business spans company-operated and franchised restaurants. Taco Bell has grown into a widely recognized quick-service brand with a substantial presence in the United States and in markets outside the country. The company maintains digital ordering, career, and newsroom platforms that support menu launches, brand updates, and franchise-related hiring.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 292600-123-017-0001-038-002 | Improvements Assessment | $854,316 CAD |
| Land Assessment | $780,521 CAD | Total Assessment | $1,634,838 CAD |
Property Taxes
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TACO BELL – LOCKPORT, NY | 5802 S Transit Rd
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