5802 South Transit Road - For Lease
Taco Bell – Lockport, New York
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About this property
Taco Bell – Lockport, New York
Taco Bell has 13 years remaining on Absolute NNN lease with an attractive 9.16% rental escalation on April 1, 2031 and 10% every 5 years thereafter in option renewal periods. The Tenant, KBP Brands (Parent Company of KBP Bells, LLC) operates ±1,100 locations across 4 brands in 32 states. KBP Bells, LLC (Tenant) is a ±50-unit Taco Bell entity with locations in New York, Illinois, Missouri, Colorado, Kansas, Iowa & New Mexico. The Asset is Successfully open & operating since 2011 with attractive 8.98% Rent to Sales Ratio (YE 2025)! Tenant agreed to an early lease extension in 2023 reaffirming their commitment to the location!
Taco Bell is Well-positioned on a large ±1.257-acre parcel lot with exceptional visibility/ access on S Transit Rd, market’s primary north/south thoroughfare, with traffic counts of 30,817 CPD! One block from Walmart, Home Depot & T.J. Maxx. Retailers in the area include Walmart, Home Depot, T.J. Maxx, Runnings, Shoe Dept., Five Below, PetSmart, Aldi, Tops Friendly Market, Tractor Supply, Harbor Freight, Dollar General, Dollar Tree, Family Dollar, Goodwill, Planet Fitness, YMCA. It is 10 miles from SUNY Niagara Sanborn – A public community college offering over 60 programs of study, serving over 5,500 students; Less than 1 mile from Lockport Memorial Campus of Mount St. Mary’s Hospital – The newly constructed, state-of-the-art “neighborhood hospital” features a fully-equipped 20-bed emergency department, a 10-bed inpatient medical unit (with an ability to expand to 20, if needed), serving more than 80,000 residents of eastern Niagara County.
Property Highlights LONG-TERM LEASE ABSOLUTE NNN LEASE: 13 years remaining on Absolute NNN lease with an attractive 9.16% rental escalation on April 1, 2031 and 10% every 5 years thereafter in option renewal periods
SEASONED SALES LOCATION: Successfully open & operating since 2011 with attractive 8.98% Rent to Sales Ratio (YE 2025)! Tenant agreed to an early lease extension in 2023 reaffirming their commitment to the location!
2026 DEMOGRAPHICS: Total Population (5MI): 46,104 | Average Household Income (1MI): $103,691
OPERATOR | TENANT: KBP Brands (Parent Company of KBP Bells, LLC) operates ±1,100 locations across 4 brands in 32 states. 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, market’s primary north/south thoroughfare, with traffic counts of 30,817 CPD! One block from Walmart, Home Depot & T.J. Maxx.
Year built: 2011
CAP rate: 6.00%
Tenant: KBP Bells, LLC
Lease type: Absolute NNN Lease
Lease expiration: December 31, 2039
Details: Three 5-Year Renewal Options
Building size: 2883 sq ft
Property Details
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Listing Information
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.