Property profile

3180 Niagara Fls Blvd Buffalo, NY 14228

OFF-MARKET
Drive through restaurants
Property ID
US63-1664438
3,291 SF 1.01 ac lot Built 1994
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a freestanding Wendy's restaurant located at 3180 Niagara Falls Blvd, Amherst, NY 14228. The property boasts a 3,291 square foot building situated on approximately one acre of land, built in 1994. Currently operating under a corporate-guaranteed Net Lease (NNN), this single-tenant property offers significant long-term stability. The lease commenced March 21, 2016, and has a remaining term of 11.3 years, extending to March 20, 2036, with two five-year renewal options. The asking price is $2,313,860, representing a compelling $703.09 per square foot and a 5.00% cap rate. The property enjoys 100% occupancy and benefits from a prime location on Niagara Falls Boulevard, a high-traffic area with excellent demographics. Within a 5-mile radius, the population exceeds 160,000, and household income surpasses $87,000. The property's strong performance is further evidenced by the tenant's recent commitment to remodeling, demonstrating their long-term commitment to the site. The lease includes 10% rental increases every five years, providing inflation protection. This is a rare opportunity to acquire a stable, high-performing investment with a strong corporate tenant and significant remaining lease term. The property's location near numerous national tenants and high daily vehicle traffic (over 33,000) further enhances its investment appeal.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1994
Total area 3,291 SF
Lot 1.01 ac (43,996 SF)
APN 142289 26.03-1-3
UPID US63-1664438

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3180 Niagara Fls Blvd Buffalo, NY 14228-1639
Buffalo metro Census 9107 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.73M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.66M

Owner & transaction history

since 2025
Last sale
$2.1M
3 recorded transactions
2025
$2.1M
2017
$2.1M
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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