Take 5 Take 5 Oil Change- Lockport, NY

Newer 2024 build-to-suit construction for Take 5
15-Year absolute NNN lease with zero landlord responsibilities
10% rent increases every 5 years for the entire term of the lease (base + options)
The property qualifies for bonus depreciation (consult with a tax professional for details)
Corporate guaranty from an experienced Take 5 Oil Change operator (±60 T5 locations & 245 locations across all franchise brands)
Well position along South Transit Rd which sees nearly 30,000 vehicles daily
Excellent visibility along Lockport’s dominant retail corridor surrounded by national retailers including Walmart Supercenter, Target, Lowe’s, Home Depot,
Wegmans, Starbucks, and many more
5-Mile population of ±46,935 residents & 10-Mile population of 159,388 residents
Affluent Buffalo suburb with an average household income $101,084 annually
Lockport is located within the Buffalo-Niagara Falls MSA (population of 1.2M residents)

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