1180 French Rd, Cheektowaga, NY
Deal Type:
Net Lease
Cap Rate:
Current Rent:
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
Renewal Options:
12, Five year
Building Sq. Ft.:
13,241 SF
Rent Increases:
5% every 5 years including options
Site Size:
2.29 Acre

Investment Highlights

  • Walgreens just signed a new 15 year NNN lease with extremely rare 5% rent increases every 5 years throughout the entire term of the lease
  • Allows for a true, passive investment with no management required
  • The property is located in Erie County, where the 240-acre Renaissance Commerce Park is being developed along with a new Buffalo Bills Stadium.
  • Property located on a large 2.29 parcel at a signalized intersection, seeing more than 25,300 vehicles per day.
  • Densely populated area with a population of over 161,000 people in a 5-mile and 630,000 in a 10-mile radius
  • Walgreens Boots Alliance Inc (NASDAQ:WBA) is an investment grade tenant (S&P: BBB)

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]

Dorothy Lee, CCIM

Vice President
626 236 3823
[email protected]

Jordan Shtulman

Managing Principal
847 226 4133
[email protected]

Broker of Record: Mike Antonoplos, Lic. #NY-109923763

Download Offering Memorandum

Please enter your first name, last name, email address and phone number in the text boxes. Please also indicate whether you are a Buyer or Broker. Once the form is submitted the offering memorandum will be emailed to you.

    Are you a buyer or broker?

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.


    Request Due Diligence Access

    Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.

    If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to [email protected].

    Once we receive your NDA, we will contact you with login information.

    View/Download NDA in Word format

      If you have made changes to the Word version of the NDA, please attach it here

      This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

      View All Listings