3155 Delaware Avenue, Tonawanda, NY 14217

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List Price
$4,704,400
Status
ACTIVE
MLS#
B1726898
Year Built
2001
Stories
1
Acres
0.38
Living Area
1,800
Region
Kenmore

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.

Additional Information

Taxes
$31,624
School District
Kenmore-Tonawanda Union Free District
Sewer
Public Sewer

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Listing courtesy of Howard Hanna WNY Inc.. Contact: 716-308-3145