3079 Bailey Ave - Freestanding FOR SALE


Buffalo, NY 14215
$1,380,000 USD
925-348-1844
3079 Bailey Ave, Buffalo, NY for Sale
$1,380,000 USD
Freestanding - FOR SALE
1/18
null | 6% Cap Rate

3079 Bailey Ave
Buffalo, NY 14215


HIGHLIGHTS

  • Net Long Term Net Lease
  • Minimal Landlord Obligations
  • Corporate Guarantee - (NASDAQ: ORLY)
  • Brand New Roof and Parking Lot
  • Desirable Demographics - 406,560+ Residents within a 5-Mile Radius
  • Ample Parking and Excellent Ingress/Egress Points

OVERVIEW

The Kase Group is pleased to present the opportunity to purchase a O'Reilly Auto Parts location in Buffalo, New York. The building consists of 9,200 SF and just underwent new construction and designing in compliance to the tenants prototype. The property is subject to a corporate NN lease with minimal landlord obligations and four, 5-year options to renew with 8% increases every 5 years. This O'Reilly Auto Parts is located at a hard corner with exposure to 21,515 vehicles per day along major east-west highway US- 62 and borders various retailers including Family Dollar, 7-Eleven, Tim Hortons, ALDI, Rent-A-Center, DaVita, M&T Bank, Boost Mobile and more. In Association with Scott Reid & ParaSell, Inc. | P: 949.942.6578 | A Licensed New York Broker #10991231395

FOR SALE DETAILS

PRICE

$1,380,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Net Leased O'Reilly Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

N-C3

APN/PARCEL ID

140200-090-330-0001-027-000,140200-090-330-0001-028-000

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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