5 North Transit Street Lockport, NY 14094

Property Details for 5 North Transit Street

Property type

Retail properties

Property subtype

Investment properties

Description

The Kase Group is pleased to present the opportunity to purchase a well established Walgreens in Lockport, New York. The property is subject to a double net lease and has already exercised their first option with seven, 5-year options left. This Walgreens benefits from its hard corner location with excellent ingress and egress points with exposure to over 13,000 vehicles per day along S Transit Street. The site is less than 1 mile from Downtown Lockport and neighbors various businesses in the area. In Association with Scott Reid & ParaSell, Inc. | P: 949.942.6578 | A Licensed New York Broker #10991231395 Location Description Lockport is both a city and the town that surrounds it in Niagara County, New York, United States. The city is the Niagara county seat, with a population of 21,165 according to 2010 census figures, and an estimated population of 20,305 as of 2019. Its name derives from a set of Erie Canal locks (Lock Numbers 34 and 35) within the city that were built to allow canal barges to traverse the 60-foot natural drop (18 m) of the Niagara Escarpment. It is part of the Buffalo–Niagara Falls metropolitan area.

Location Insight

City

Lockport

County

State

New York

Longitude

-78.6968

Latitude

43.1682