3079 Bailey Ave - Freestanding FOR SALE


Buffalo, NY 14215- LaSalle
$1,380,000 USD
248-702-0288
3079 Bailey Ave, Buffalo, NY for Sale
$1,380,000 USD
Freestanding - FOR SALE
1/6
null | 6% Cap Rate

3079 Bailey Ave
Buffalo, NY 14215
LaSalle


HIGHLIGHTS

  • New Retro-Fit For O'Reilly Auto Parts in 2023 | 8+ Years Remain On The Original 10-Year Lease | Upgraded Construction
  • Priced Below Replacement Costs | Attractive Low Rent ($9.00/SF)
  • 8% Rent Increases Throughout Initial Term and Options
  • Excellent Visibility - Positioned at Lighted Intersection of Bailey Ave and Westminster Ave | 33,000 VPD+ | 3 Points Of Ingress/Egress
  • Brand-New Roof and Parking Lot In 2023

OVERVIEW

Corporate Guarantee | S&P Credit Rating "BBB" | Ideal Low- Management Investment For a Passive Investor

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

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

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.

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.