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Property profile & analytics
FOR LEASE
Drive through restaurants

6970 Transit Rd Buffalo, NY 14221

7,155 SF 0.65 ac lot Built 1993
Entity Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US63-3736954
Property summary
AI-generated overview

This exceptional 3,400 square foot endcap retail space is situated in Buffalo, NY's vibrant Transit Road corridor, at 6970 Transit Rd, 14221. Located in Erie County, this property offers high visibility and accessibility, benefiting from its placement within a densely populated retail area. The space is part of a 7,600 square foot building with two suites, and boasts convenient cross-access with Wendy's. A generous parking lot is situated behind the building, ensuring ample parking for customers. The property enjoys exceptional proximity to major roadways, including I-90 (less than a mile away), providing easy access for both customers and employees. Transit Road itself is a high-traffic retail artery, home to numerous big-box retailers such as Wegmans, Tops, Home Depot, Lowe's, TJ Maxx, Hobby Lobby, Burlington, Walmart, Michael's, Target, Homegoods, and Kohl's, creating a strong draw for consumers. Additional nearby retailers include Starbucks (two locations), Burger King, Dunkin', Red Lobster, Olive Garden, Chili's, and Dairy Queen. Property taxes are $12 per square foot. The space becomes available April 1, 2023, with showings commencing 90 days prior to that date. This prime location presents a significant opportunity for businesses seeking high visibility and strong foot traffic in a thriving retail environment.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1993
Total area 7,155 SF
Lot 0.65 ac (28,314 SF)
APN 142289 82.09-4-6.11
UPID US63-3736954
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • DiBella's Subs Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
GLR HOLDINGS LLC
GLR HOLDINGS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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