Taco Bell NNN Property For Sale — Lockport, NY
5802 South Transit Road, Lockport, NY 14094
This Taco Bell property offers a compelling investment opportunity with 13 years remaining on an Absolute NNN lease. The lease features attractive rental escalations, with a 9.16% increase on April 1, 2031, and 10% increases every five years in option renewal periods. The tenant, KBP Brands (Parent Company of KBP Bells, LLC), is a robust operator with approximately 1,100 locations across four brands in 32 states. KBP Bells, LLC itself manages approximately 50 Taco Bell units across multiple states. The location has a proven track record of strong performance, operating successfully since 2011 with a favorable 8.98% Rent to Sales Ratio (YE 2025). The tenant demonstrated their commitment to this site by agreeing to an early lease extension in 2023. The property is strategically situated on…
- Address: 5802 South Transit Road, Lockport, NY 14094
- Asking price $2.92M
- 5.75% cap rate
- NOI $168,188
- 13.3 years remaining
- NNN lease
- Year built: 2011
- Building size: 2,883 SF
- Lot size: 1.26 acres
- Lease expiration: Dec 30, 2039
- Rent increases: 9.16% rental escalation on April 1, 2031 and 10% every 5 years thereafter in option renewal periods
- Guarantor: Corporate
Location
This Taco Bell property is at 5802 South Transit Road in Lockport, New York.
Asset type: Retail