4885 Transit Rd | Lancaster, NY 14043
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4885 Transit Rd
Lancaster, NY 14043
Take 5 Oil Change | New 15-Year Abs NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15-Year Absolute NNN Lease (Zero Landlord Responsibilities)
- Lease Guaranteed by Purple Square Management, an Experienced 240+ Unit Operator of Take 5, Dunkin’ Donuts, & Popeyes
- Population Exceeds 138,000 Residents within 5-Mile Radius
- 10% Rent Increases Every 5-Years in Primary Term & Options
- Great Visibility & Access Along Transit Road with Traffic Counts Exceeding 28,000 Vehicles Per Day
- Average Household Income Exceeds $96,000 (5-Mile Radius)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,130 SF
Building Class
B
Year Built/Renovated
1997/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.70 AC
Frontage
128’ on Transit Rd
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 145289-115-030-0001-044-200 | Improvements Assessment | $85,000 |
| Land Assessment | $250,000 | Total Assessment | $335,000 |
PROPERTY TAXES
Parcel Number
145289-115-030-0001-044-200
Land Assessment
$250,000
Improvements Assessment
$85,000
Total Assessment
$335,000
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