3701 McKinley Pky - Freestanding FOR SALE


Buffalo, NY 14219
$4,612,500 USD
3701 McKinley Pky, Buffalo, NY for Sale
$4,612,500 USD
Freestanding - FOR SALE
1/2
null | 7% Cap Rate

3701 McKinley Pky
Buffalo, NY 14219


HIGHLIGHTS

  • Heavy daytime traffic in the McKinley Trade Area (15,311 AADT along McKinley, 19,598 AADT along Milestrip/Rt. 179)
  • Single-tenant NNN lease with corporate location and corporate guarantee
  • ±8.5 years remaining, plus two (2), five-year renewal options
  • Dense retail corridor less than one mile from I-90/NYS Thruway

OVERVIEW

CBRE Upstate NY presents an exclusive listing for the Savers location at 3701 McKinley Parkway in Hamburg, New York. The property consists of an approximately 21,296 SF freestanding retail building on 2.86 AC on the ring road surrounding McKInley Mall with a single-tenant Triple-Net (NNN) Lease agreement with ±8.5 years remaining and two (2), five-year tenant renewal option periods.

FOR SALE DETAILS

PRICE

$4,612,500 USD

PRICE/SF

$214 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Saver's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

NEC Milestrip Rd & McKinley Pkwy

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

Retail

APN/PARCEL ID

144889-160-070-0002-030-000

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