Red Lobster Restaurant
For Sale
Contact for pricing
Pending
7520 Transit Road, Buffalo, NY 14221
Operating under an absolute NNN lease with 2% annual rent increases and a prominent regional retail setting.
Property SizeContact for details
Days on Market141
Property Features for 7520 Transit Road
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
SURMOUNT
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Apr 10 at 9:41PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This restaurant property comprises approximately 2,404 rentable square feet on a 1.98-acre site. The asset is leased on an absolute NNN basis, with contractual rent increases of 2% each year.
The property is located at 7520 Transit Road in Buffalo, New York, directly opposite Eastern Hills Mall. The mall is identified as part of a mixed-use redevelopment project, placing the restaurant within an established commercial setting with ongoing surrounding investment.
The property is located at 7520 Transit Road in Buffalo, New York, directly opposite Eastern Hills Mall. The mall is identified as part of a mixed-use redevelopment project, placing the restaurant within an established commercial setting with ongoing surrounding investment.
Key Highlights
- Approximately 2,404 rentable square feet
- 1.98‑acre site
- Absolute NNN lease structure
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,165
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14221, NY
55,275
Population
25,281
Households
2.2
Avg Household Size
48
Median Age
57%
College-Educated
96%
High-School Grad
23.4 sq mi
ZIP Area
2,362
Density / Sq Mi
$101,275
Median Household Income
$58,665
Median Earnings
$1,560
Median Rent
$298,500
Median Home Value
Market
Vacancy Rate% for Retail in Buffalo, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating under an absolute NNN lease with 2% annual rent increases and a prominent regional retail setting.
Where is this conventional restaurant located?
The property is located at 7520 Transit Road Buffalo, NY.
What are key features of this property?
This property features: Approximately 2,404 rentable square feet; 1.98‑acre site; Absolute NNN lease structure
