3527 Union Road, Cheektowaga, NY 14075
Listing was updated at: 06/03/2019
Property Overview
Price/Rent PSF Inquire
Asset Type Retail
Trade Type Sale
SQ. FT. Available INQUIRE
Date Available 06/18/2017
Parking Ample; Paved
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Description

This property is a freestanding Pizza Hut on Union Road, Cheektowaga, New York. The subject property sits on a 0.48 +/ acre parcel, and the building is 2,220 +/- square feet. This operating Pizza Hut is an established location where it has operated successfully for many years and newly remolded recently. There are currently 2+/year remaining on the current lease term, with three (3), 5 year renewal options. The rent escalates by ten percent in each option period, and historically. This is a true triple net (NNN) lease investment opportunity with zero landlord responsibilities. This investment opportunity is offered at a fundamental purchase price of $588,000. Also have a second fully leased Pizza Hut available at 5565 Camp Road, Hamburg, NY. Call For Details. This property is strategically located on the corner of Camp Road and Deacon Street, very close to the Walmart and the McKinley Mall, which attracts visitors from many surrounding areas. 1/2 mile south of the Camp Rd. NYS Thruway exit 57.

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