3962 Bailey
Buffalo, NY 14226
KFC - AMHERST (BUFFALO MSA), NY · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Successfully Open & Operating for Decades with an Attractive 7.90% (YE 2021) Rent to Sales Ratio! Slated for Remodel by YE 2023
- 2021 DEMOGRAPHICS: Total Population (5-MI): 387,902 | Average Household Income (1-MI): $89,072
- KBP Foods (the Largest KFC Franchisee in the U.S.) Operates ±820 Locations in 27 States and will Generate Sales in Excess of $1 Billion in 2022
- Positioned at the Signalized Intersection of Bailey Ave & Grover Cleveland Hwy where Traffic Counts Exceed 29,290 CPD!
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,996 SF
Building Class
C
Year Built/Renovated
1985/2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.37 AC
Zoning
Commercial
Parking
18 Spaces (9.85 Spaces per 1,000 SF Leased)
Frontage
45 FT on Bailey Ave
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 142289-079-250-0001-004-000 | Improvements Assessment | $874,000 |
| Land Assessment | $86,000 | Total Assessment | $960,000 |
