2585 Main St - Drug Store FOR SALE


Buffalo, NY 14214
$3,654,000 USD
949-345-0970
2585 Main St, Buffalo, NY for Sale
$3,654,000 USD
Drug Store - FOR SALE
1/6
null | 7.75% Cap Rate

2585 Main St
Buffalo, NY 14214


HIGHLIGHTS

  • Strong, Increasing Sales - Open & Operating
  • Upgraded Rite Aid Branding - Drive Thru Location
  • Dense Infill Location - 406K Residents Within 5 Miles
  • 5.0 Years Remaining - 1-5 Year Option Remaining
  • 5 Miles from Downtown Buffalo - ~32K Cars Per Day
  • Surrounded by Hospitals, Medical Centers & Universities

OVERVIEW

Rite Aid is the third largest drugstore chain in America. The tenant and lease guarantor is Eckerd Corporation, a wholly owned subsidiary of Rite Aid Corporation.

FOR SALE DETAILS

PRICE

$3,654,000 USD

PRICE/SF

$322 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rite Aid | Buffalo, NY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

N-3C

APN/PARCEL ID

140200-089-360-0006-001-100

ASK ABOUT THIS PROPERTY

Ian SchroederCBRE, Inc.More Info
949-345-0970

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Ian SchroederCBRE, Inc.More Info
949-345-0970

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