5 North Transit Street Lockport, NY 14094
Property profile & analytics
Location Intelligence
Current Use by Public Records
- FedEx OnSite / Postal Service / Courier Service
- Walgreens Photo / (Bike/Boat/Book/etc) Store
- Walgreens Pharmacy / Pharmacy
- LibertyX Bitcoin ATM / Atm
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
Property Details for 5 North Transit Street
- Property type
- Retail properties & Spaces
- 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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lockport
- County
- State
- New York
- Longitude
- -78.6968
- Latitude
- 43.1682
