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6121 Robinson Rd 6,991 SF Retail Building Lockport, NY 14094 $1,590,704 CAD ($227.54 CAD/SF) 7% Cap Rate
Investment Highlights
- Discount Tire Corporate Lease
- Minimal Landlord Responsibility
- Excellent Access & Visibility
- 28+ Year Operating History
- 20 Minutes to Niagara Falls
- Recession-Resistant (and Future-Proof) Industry
Executive Summary
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.
Property Facts
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
- -
- -
- -
Exxpress Tire Delivery (ETD) est un distributeur de pneus en gros depuis 1993, offrant certains des délais de livraison les plus fiables du secteur. Ils participent à tous les programmes d'achat et de revente en usine avec toutes les grandes marques. Ils sont impatients de vous offrir le type de service qui a fait d'eux un chef de file dans leur industrie. Faites progresser votre entreprise grâce à une technologie de pointe grâce à leur technologie en ligne en ayant la possibilité de vérifier les niveaux de stock et de passer des commandes en ligne 24 heures sur 24. De plus, votre compte en ligne vous permettra de créer des devis personnalisés, de vérifier le solde de votre compte, de consulter l'historique des achats et bien plus encore.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 292600-138-009-0001-002-012 | Improvements Assessment | $918,175 CAD |
| Land Assessment | $178,153 CAD | Total Assessment | $1,096,328 CAD |
Property Taxes
Presented by
6121 Robinson Rd
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