- For Sale $2,478,000
- Property Type Retail
- Property Size 1,700 SF
- Lot Size 2.87 Acre
- Cap Rate % 7
- Date Updated Mar 25, 2025
FRANCHISEE GUARANTEE - PURPLE SQUARE MANAGEMENT COMPANY, LLC The lease is guaranteed by Purple Square Management Company, LLC, a 100+ unit entity. Purple Square is a premier franchisee in the retail and automotive industries. Contact Agent for more info.
BUFFALO STATE UNIVERSITY Located approximately 1.5 miles from the subject property is Buffalo State University, which has a total enrollment of 6,138 students and nearly 1,500 faculty members. Buffalo State University has been educating students for more than 150 years, offering numerous undergraduate majors, graduate programs, minors, and certificates.
EXCELLENT SITE-LEVEL VISIBILITY The property benefits from having frontage on Elmwood Avenue, which has traffic counts of 23,852 vehicles per day passing by the site. The property is also nearby a point of entry to Hwy 198, with daily traffic counts exceeding 36,991 vehicles.
BUFFALO NIAGARA INTERNATIONAL AIRPORT Buffalo Niagara International Airport is located just 12 miles east from the subject property. It is the busiest airport in Upstate New York, with more than 100 daily departures to 31 nonstop domestic and international destinations in 2023. The airport handles millions of passengers annually, making it a crucial hub for both domestic and international travel.
15-YEAR ABSOLUTE TRIPLE NET (NNN) LEASE
The property is subject to a long-term 15-year Absolute Triple Net (NNN) lease, resulting in zero Landlord management responsibilities. The Tenant is responsible for paying taxes, insurance, and all maintenance & repairs at the property, including roof and structure. There are also 10% rental increases built into the lease
every 5 years, providing an investor with positive income growth and a hedge against inflation.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
65/100 Somewhat Walkable
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Transit Score ®
47/100 Some Transit
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Bike Score ®
49/100 Somewhat Bikeable
- City Buffalo, NY
- Neighborhood North Delaware
- Zip Code 14207
- Market Buffalo
Points of Interest
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Hertel & Wellington
1.29 miles
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Hertel & Starin
1.68 miles
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Marina Vista Apartments
1.70 miles
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Hertel & Vorrhees
1.79 miles
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Hertel & Voorhees
1.81 miles
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Humboldt–Hospital
2.03 miles
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University Station
2.87 miles
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Metro Rail Station
3.53 miles
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Lafayette Square
4.41 miles
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Buffalo–Exchange Street Station
4.96 miles
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Kwik Fill
0.47 miles
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Delta Sonic
0.48 miles
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Sunoco
0.68 miles
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Exxon
1.28 miles
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Speedway
1.53 miles
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ChargePoint
2.30 miles
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Tesla Destination Charger
4.56 miles
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CVS lot
0.66 miles
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Aurubis Buffalo Visitor Parking
0.83 miles
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S Lot
1.00 miles
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Lot I-37
1.06 miles
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Lot I-35
1.06 miles
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Lot I-39
1.08 miles
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Lot I-34
1.11 miles
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Lot I-33
1.12 miles
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Lot I-32
1.16 miles
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Lot I-30
1.19 miles
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Checkers
0.06 miles
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Taco Bell
0.11 miles
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Sonic
0.15 miles
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McDonald's
0.22 miles
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Popeyes
0.30 miles
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Jimmy's Texas Hots
0.42 miles
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Just Pizza
0.42 miles
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Rachel's Mediterranean
0.42 miles
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Dunkin'
0.43 miles
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Mighty Taco
0.45 miles
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Gordon Food Service
0.06 miles
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ALDI
0.33 miles
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Tops
0.34 miles
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Target
0.37 miles
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Kohl's
0.46 miles
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Burlington
0.47 miles
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Big Lots
0.50 miles
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Jerusalem Halal Market
0.58 miles
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Price Rite Marketplace
0.58 miles
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Marshalls
0.68 miles
Frequently Asked Questions
The space currently listed for sale at Take 5 Oil Change asks for $2,478,000.
Take 5 Oil Change totals 1,700 square feet.
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