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Thomas (Tom) Mazzone

tmazzone@mlsnationrealty.com +1(716) 310-3102

$4,704,400

Est. payment - /mo

1,800 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $2,613

MLS Listing ID B1726898

Construction Status Existing

HOA Y/N No

Year Built 2001

Annual Tax Amount $31,624

Lot Size 0.380 Acres

Acres 0.3801

Lot Dimensions 120X137

Property Sub-Type Commercial

Property Description

Rare investment opportunity to acquire a portfolio of six (6) Domino's Pizza restaurant properties. Sale includes real estate only; restaurant businesses are not included. Each location is occupied by a separate Domino's franchisee under a 10-year lease commencing January 1, 2024, with two consecutive 5-year renewal options. All six properties are leased on a triple-net (NNN) basis, with tenants responsible for all property expenses, maintenance, utilities, and real estate taxes. Leases feature 3% annual rent increases, providing built-in rental income growth throughout the lease terms. This portfolio offers investors established restaurant locations, diversified franchisee tenancy, long-term leases, and predictable income with minimal landlord responsibilities. Properties are being offered as a six-location investment portfolio.

Location

State NY

County Erie

Area Kenmore-Village-146401

Zoning c

Interior

Heating Gas, Forced Air

Cooling Central Air

Flooring Other, See Remarks

Inclusions Building Only

Fireplace No

Exterior

Utilities Available Electricity Connected, Sewer Connected

Roof Type Flat

Total Parking Spaces 20

Building

Lot Description Rectangular, Rectangular Lot

Story 1

Sewer Public Sewer

Level or Stories One

Construction Status Existing

Schools

School District Kenmore-Tonawanda Union Free District

Others

Tax ID 146401-066-630-0002-046-000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Listed by Howard Hanna WNY Inc. 716-308-3145

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