Red Lobster

7520 Transit Road, Buffalo, NY

$4,562,000

Price

6.5%

Cap Rate

$290,715.81

NOI

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Street
Map
Overview
Cap Rate
6.5%
NOI
$290,715.81
Building Size
2,404 sqft
Lot Area
2.6 acres
Occupancy
100%
Class
A
Lease Type
Absolute Net
Year Built
1980
Tenancy
Single
Investment Strategy
Core
Lease Expire Year
2034
Description

TD Commercial Group is pleased to present Red Lobster in Buffalo NY. Red Lobster has occupied this site well over a decade, showing great commitment to the site. Red Lobster sits directly across from Eastern Hills Mall, a 100-acre redevelopment project of retail, office, residential and medical users. The property boasts 2% annual increases, has a corporate guarantee, and sits on 2.60 acres.

Highlights
  • 2% Annual Increases
  • Corporate Guarantee
  • Across from Eastern Hills Mall Redevelopment
  • 2.60 Acre lot
  • 10+ years of lease term
Documents
Title
Red_Lobster_-_Amherst__NY_-_Luke_Thomson.pdf
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Location
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