Red Lobster | 7540 Transit Rd
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Red Lobster 7540 Transit Rd
7,084 SF Retail Building Buffalo, NY 14221 $2,700,000 ($381/SF)
Investment Highlights
- Available for Sale or Lease
- High Traffic Stretch on Transit Road.
- 2.6 acre lot
Executive Summary
PRICE REDUCTION as of August 1st, 2024!
Former Red Lobster available for SALE or LEASE.
7,084 SF building with high visibility from Transit Road along the highly successful Transit Road/Eastern Hills
Mall Shopping Corridor. Surrounding National Chain and Local Restaurants include, King Crab Juicy Seafood & Bar, Cracker Barrell, Tully’s, Chili’s, Wind Japanese & Thai, La Tolteca Mexican, Fuji Grill, and several other restaurants.
Situated near NYS Highway 90 Transit Road exit.
Ideal traffic patterns, middle income demographics, dense and loyal population base.
Former Red Lobster available for SALE or LEASE.
7,084 SF building with high visibility from Transit Road along the highly successful Transit Road/Eastern Hills
Mall Shopping Corridor. Surrounding National Chain and Local Restaurants include, King Crab Juicy Seafood & Bar, Cracker Barrell, Tully’s, Chili’s, Wind Japanese & Thai, La Tolteca Mexican, Fuji Grill, and several other restaurants.
Situated near NYS Highway 90 Transit Road exit.
Ideal traffic patterns, middle income demographics, dense and loyal population base.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,084 SF
Building Class
C
Year Built
1980
Price
$2,700,000
Price Per SF
$381
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
2.60 AC
Zoning
GB
Parking
134 Spaces (18.92 Spaces per 1,000 SF Leased)
Frontage
165 FT on Transit Rd
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Freestanding restaurant/retail property for lease. Former Red Lobster.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 7,084 SF | Restaurant | Outparcel | Now |
1st Floor
| Size |
| 7,084 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| Now |
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 7,084 SF |
| Space Use | Restaurant |
| Position | Outparcel |
| Available | Now |
Freestanding restaurant/retail property for lease. Former Red Lobster.
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 142289-070-130-0002-004-100 | Improvements Assessment | $420,000 |
| Land Assessment | $1,460,000 | Total Assessment | $1,880,000 |
PROPERTY TAXES
Parcel Number
142289-070-130-0002-004-100
Land Assessment
$1,460,000
Improvements Assessment
$420,000
Total Assessment
$1,880,000
-
Robert Nuchereno -
Pat Brady -
Arista Real Estate & Development Services, LLC
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Red Lobster | 7540 Transit Rd
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