2015 Walden Ave - Freestanding FOR SALE


Cheektowaga, NY 14225
$6,500,000 USD
914-220-9758
2015 Walden Ave, Cheektowaga, NY for Sale
$6,500,000 USD
Freestanding - FOR SALE
1/6
null | 7.85% Cap Rate

2015 Walden Ave
Cheektowaga, NY 14225


HIGHLIGHTS

  • 100% occupied (Cycle Gear, DXL, LongHorn Steakhouse)
  • #1 LongHorn Steakhouse in NY
  • Established Prime High Traffic Location

OVERVIEW

The subject property is a 24,767-square-foot, 100 percent leased strip center offering investors reliable in-place cash flow supported by a durable tenant base. The center is well-located just off Interstate-90 (121,437 vehicles per day) and across the street from the 1,600,000 square foot Walden Galleria Mall and across from the 94,164 square foot Cabela’s + Burlington Stores. It has excellent frontage and visibility on the Walden Avenue retail corridor with strong traffic counts of 37,427 vehicles per day.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$262 USD /SF

CAP RATE

7.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

84

LAND DETAILS

LAND ACRES

2.4 AC

LAND SF

104,544 SF

ZONING

05C

APN/PARCEL ID

143089-102-040-0001-018-000

ASK ABOUT THIS PROPERTY

Joseph FrenchMarcus & MillichapMore Info
914-220-9758

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Joseph FrenchMarcus & MillichapMore Info
914-220-9758

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