2001 Elmwood Ave - Movie Theatre FOR SALE
Buffalo, NY 14207 |
2001 Elmwood Ave
Buffalo, NY 14207
HIGHLIGHTS
- Recently Extended Lease | Term Until April 2028 | Annual Rent Increases – Regal recently extended their lease for an additional 3-years (Exp 4/2028)
- Prime Redevelopment Opportunity | No Options Remaining | 8.63 AC Site | Infill Location
- Ultra-Dense Demographics | Nearly 340,000 People in 5-Mile Radius – The Property sits in the heart of the densest pocket of the Buffalo MSA
- Generational Real Estate Offered Well-Below Replacement Cost – Elmwood Regal is a generational piece of real estate
- Outstanding Visibility and Accessibility – Elmwood Regal benefits from excellent visibility and access featuring convenient ingress/egress
- Recent Capital Improvements | Full Roof Replacement Completed in 2018 – Ownership completed a full roof replacement in 2018
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Elmwood Regal
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Movie Theatre
TOTAL BUILDING SIZE
65066
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
250
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
140200-078-530-0002-007-000
