Cheektowaga, NY - Texas Roadhouse

Description:

• The property ranks as the 9th best Texas Roadhouse nationwide, and the #1 performing site in the state, based on annual visits (698K+ per Placer.ai)
• The site has consistently demonstrated strong sales performance and sustained year over year growth, providing stability and long term value
• Tenant has 2 years remaining on its lease with 3 (5-Year) options to extend
• The lease features 8% rental increases at the beginning of each option

• The subject property has excellent access and visibility at the entrance to the Union Consumer Square shopping mall (3.9M+ annual visits - per Placer.ai)
• The mall is located near on/off ramps of I-90 (124,100 VPD) at the signalized corner intersection of Union Road and Galleria Drive (combined 46,200 VPD)
• The shopping center features a strong tenant mix of national tenants including Sam’s Club, LA Fitness, Ross, Marshalls, and Ulta Beauty
• The immediate corridor represents the primary retail destination in Eastern-Buffalo including the nearby Walmart Supercenter, Target, Home Depot, and the Walden Galleria, a 1.6M+ SF mall anchored by tenants such as Dick’s Sporting Goods, Macy’s, and JCPenney (4.4M+ annual visits)