4500-4510 Buffalo Rd - Supermarket FOR SALE
Erie, PA 16510 |
4500-4510 Buffalo Rd
Erie, PA 16510
HIGHLIGHTS
- GROCERY-ANCHORED - The Property is anchored by Price Rite and Planet Fitness who jointly occupy 64.6% of NRA and have a combined WALT of 3.9 years.
- STRONG IN-PLACE CASH FLOWS - The Property is currently 82.4% occupied, and with recent leasing, is expected to have a NOI of over $400k in 2023.
- WELL-LOCATED - The Property is located on the main retail corridor of Erie, PA in close proximity to many demand drivers in the submarket.
- HIGHLY-TRAFFICKED AREA - The Property sits along US Route 20, which runs perpendicular to I-90, the longest Interstate in the US which combined see ov
- RECENTLY UPDATED ROOF - Current ownership just recently replaced the roof over the anchor tenants which includes a 20-year warranty.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
90697
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
158
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
27-013-105.0-002.01
