3079 Bailey Ave - Freestanding FOR SALE


Buffalo, NY 14215- LaSalle
$1,226,666 USD
925-388-0888
3079 Bailey Ave, Buffalo, NY for Sale
$1,226,666 USD
Freestanding - FOR SALE
1/10
null | 6.75% Cap Rate

3079 Bailey Ave
Buffalo, NY 14215
LaSalle


HIGHLIGHTS

  • 8+ Years Remaining on Original 10-Year NN Lease Term | 8% Increases every 5 Years | Priced Below Replacement Costs | Attractive Low Rent - $9.00 PSF
  • Strong National Tenant | Corporate Guarantee | S&P Credit Rating "BBB" | Fee Simple Interest with Minimal Landlord Responsibilities
  • High Visibility Location with Three Points of Access | Positioned at Signalized Intersection of Bailey Ave and Westminster Ave - 33,000+ VPD
  • New Building Retrofit, Roof and Parking Lot Completed in 2023 | $1B In Transportation & Maintenance Spending within 5 Miles of Subject Property
  • 6,483 Locations Throughout the US | 2nd Largest Automotive Supplier in North America

FOR SALE DETAILS

PRICE

$1,226,666 USD

PRICE/SF

$133 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

N-C3

APN/PARCEL ID

140200-090-330-0001-027-000,140200-090-330-0001-028-000

ASK ABOUT THIS PROPERTY

Michael CisterninoEssential CREMore Info
925-388-0888

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Michael CisterninoEssential CREMore Info
925-388-0888

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