Six-Property NNN Restaurant
3155 Delaware Avenue, Tonawanda, NY 14217
For Sale
New
$4,704,400
Six restaurant sites are leased to separate franchisees under triple-net agreements.
Property Size1,800 SF
Days on Market5
Property Features for 3155 Delaware Avenue
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Howard Hanna WNY Inc.
Listed By:
Kevin McMullen · License #10401304532
(716) 308-3145
Source:
Highfallssir
Added: Nov 4
Changed: Nov 7
Last Checked: Nov 7 at 2:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna WNY Inc.
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Investment Insights
Based on property information with market context.
The offering comprises six Domino’s Pizza restaurant properties; the restaurant businesses are excluded. Separate franchisees occupy the locations under triple-net leases, with tenants responsible for property expenses, maintenance, utilities, and real estate taxes. Each lease began January 1, 2024, runs for 10 years, and includes two consecutive five-year renewal options. Contractual rent increases are 3% annually.
The portfolio includes properties at 3155 Delaware Avenue, Tonawanda, NY 14217.
The portfolio includes properties at 3155 Delaware Avenue, Tonawanda, NY 14217.
Key Highlights
- Six Domino’s Pizza restaurant properties; real estate only
- Each location leased to a separate franchisee on a triple‑net basis
- 10‑year leases commenced January 1, 2024, with two consecutive 5‑year renewal options
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,043
Businesses Nearby
Explore this area
Business Placement
Demographics for 14217, NY
23,085
Population
11,280
Households
2
Avg Household Size
41
Median Age
41%
College-Educated
95%
High-School Grad
3.2 sq mi
ZIP Area
7,214
Density / Sq Mi
$72,205
Median Household Income
$51,075
Median Earnings
$970
Median Rent
$193,200
Median Home Value
Market
Properties on Market for NNN properties in Erie County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
NNN property - Six restaurant sites are leased to separate franchisees under triple-net agreements.
Where is this nnn property located?
The property is located at 3155 Delaware Avenue Tonawanda, NY.
What is the asking price?
The asking price for this property is $4,704,400.
What are key features of this property?
This property features: Six Domino’s Pizza restaurant properties; real estate only; Each location leased to a separate franchisee on a triple‑net basis; 10‑year leases commenced January 1, 2024, with two consecutive 5‑year renewal options
