259 W Main St - Drug Store FOR SALE


Batavia, NY 14020
$4,178,000 USD
949-724-5552
259 W Main St, Batavia, NY for Sale
$4,178,000 USD
Drug Store - FOR SALE
1/7
null | 7.3% Cap Rate

259 W Main St
Batavia, NY 14020


HIGHLIGHTS

  • New Lease Extension 10+ Year Term – Six 5-Year Option Periods 5% Increases Every Option.
  • No Rent Holiday - Absolute NNN Lease.
  • Positioned on Hard Corner Signalized Intersection - W Main St (33,400 VPD) & S Lyon St.
  • Average Household Income Exceeding $84,590 within a 5 Mile Radius.

OVERVIEW

The 11,945 SF building with drive-thru is strategically located on the hard corner signalized intersection of W Main Street (33,400+ VPD) and S Lyon Street and is within a mile from Batavia Downs Gaming and Hotel and numerous retail attractions. Batavia Downs is a premier entertainment destination with an expansive casino, hotel, horse racetrack, concert amenities and more. Town Center at Batavia, a 400,000 SF shopping mall, is anchored by Target, Kohl’s, Dick’s Sporting Goods and ULTA Beauty. Other nearby retailers include Walmart Supercenter, The Home Depot, BJ’s Wholesale Club, Top’s Friendly Markets, McDonald’s, Chipotle, Five Guys, Dunkin’ and Taco Bell.

FOR SALE DETAILS

PRICE

$4,178,000 USD

PRICE/SF

$349 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

Commercial

APN/PARCEL ID

180200-084-010-0002-013-000

ASK ABOUT THIS PROPERTY

Jereme SnyderColliersMore Info
949-724-5552

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

Jereme SnyderColliersMore Info
949-724-5552

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