1137 Bailey Ave - Fast Food FOR SALE


Buffalo, NY 14206
$1,200,000 USD
248-702-0288
1137 Bailey Ave, Buffalo, NY for Sale
$1,200,000 USD
Fast Food - FOR SALE
1/5
null | 6.54% Cap Rate

1137 Bailey Ave
Buffalo, NY 14206


HIGHLIGHTS

  • 2,200 SF Single Tenant Tim Horton's w/ Drive-Thru Situated on .34 Acres
  • Long Term Occupancy 38+ Years | Recent Renovation Showing Tenants Commitment To Location
  • Tim Horton's Renewed For An Additional 10 Years Commencing January 2020
  • Located On Signalized Hard Corner w/ Multiple Points of Ingress & Egress | Strong Traffic Counts
  • Ground Lease - No Landlord Responsibilities
  • Excellent Location Surrounded By Residential, Office & Industrial

OVERVIEW

2,200 SF Single Tenant Tim Horton's w/ Drive-Thru Situated on .34 Acres Long Term Occupancy 38+ Years | Recent Renovation Showing Tenants Commitment To Location Tim Horton's Renewed For An Additional 10 Years Commencing January 2020 Located On Signalized Hard Corner w/ Multiple Points of Ingress & Egress | Strong Traffic Counts Ground Lease - No Landlord Responsibilities Excellent Location Surrounded By Residential, Office & Industrial Five Mile Population Exceeds: 320,000 Five Mile Average Household Income: $53,204

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$545 USD /SF

CAP RATE

6.54%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tim Hortons

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

D-S

APN/PARCEL ID

140200-112-570-0003-024-100

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.