Walgreens Listing Details & Market Data

5 North Transit Street, Lockport, NY 14094

  • For Sale $4,166,129
  • Property Type Retail - Freestanding
  • Property Size 13,905 SF
  • Lot Size 2.01 Acre
  • Date Updated Feb 27, 2024
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.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.

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Highlights

  • Net Leased Offering
  • Minimal Landlord Obligations
  • Corporate Guarantee - NASDAQ WBA
  • S&P Rated BBB- Investment Grade Credit
  • Tenant Exercised Renewal Option, Showing Commitment to the Location
  • Long Operating History at this Location
  • Hard Corner Location - 13,000+ VPD
  • Less than 1 Mile from Downtown Lockport

Contacts

broker

Jacob Abusharkh

The Kase Group

(415) 269-2474

Location

Getting Around

  • Walk Score ®

    Very Walkable (82)
  • Bike Score ®

    Bikeable (51)
Powered by Walk Score ®
  • City Lockport, NY
  • Zip Code 14094
  • Market Buffalo

Points of Interest

  • Gulf

    0.62 miles

  • Tops

    1.81 miles

  • Kenyon's Variety

    2.72 miles

  • Speedway

    3.35 miles

  • Hi Quality

    3.71 miles

  • Tops

    3.85 miles

  • Mobil

    3.86 miles

  • Kenyon's

    5.36 miles

  • Kenyon's

    7.42 miles

  • Speedway

    7.57 miles

  • Gulf Wilderness Park

    1.32 miles

  • Erie Canalway Trail

    2.04 miles

  • Lot 1

    9.09 miles

  • Lot 7

    9.15 miles

  • Lot 2

    9.18 miles

  • Lot 5

    9.23 miles

  • Lot 3

    9.25 miles

  • Lot 4

    9.33 miles

  • The Woodlands Senior Village

    9.62 miles

  • Tom's Diner

    0.22 miles

  • Papa Leo's Pizza

    0.25 miles

  • LaPorts Pine St. Diner

    0.30 miles

  • Pizza Oven

    1.12 miles

  • Pizza Hut

    1.31 miles

  • Mighty Taco

    1.33 miles

  • Denny's

    1.36 miles

  • Dunkin'

    1.36 miles

  • Arby's

    1.38 miles

  • Reids

    1.51 miles

  • Niagara Produce of Lockport

    0.68 miles

  • ALDI

    1.13 miles

  • Walmart Supercenter

    1.48 miles

  • Big Lots

    2.16 miles

  • Tops Market

    3.01 miles

  • Top's Friendly Market's

    8.50 miles

  • Tops Friendly Market

    9.37 miles

  • 烤鸡店

    9.37 miles

Contact Listing Broker

broker

Jacob Abusharkh

The Kase Group

(415) 269-2474