3480 Delaware Ave - Auto Repair FOR SALE


Buffalo, NY 14217- Kenmore NW
$1,601,127 USD
917-697-3215
3480 Delaware Ave, Buffalo, NY for Sale
$1,601,127 USD
Auto Repair - FOR SALE
1/3
null | 5.5% Cap Rate

3480 Delaware Ave
Buffalo, NY 14217
Kenmore NW


HIGHLIGHTS

  • High-Visibility Corridor
  • Essential, Recession-Resistant Use
  • Dense Residential Trade Area
  • Strong Retail Synergy

OVERVIEW

Surmount is pleased to present the exclusive listing for a Valvoline located at 3480 Delaware Avenue, Tonawanda, NY 14217. The site consists of roughly 2,592 rentable square feet of building space on an estimated 0.40-acre parcel of land. Valvoline is subject to an original 20-year Triple Net (NNN) lease, which commenced 10.26.2016. The current annual rent is $88,062 and has scheduled increases of 1.80% Annually.

FOR SALE DETAILS

PRICE

$1,601,127 USD

PRICE/SF

$618 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valvoline

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

C

APN/PARCEL ID

146489-066-380-0006-031-000

ASK ABOUT THIS PROPERTY

Anthony BirdSurmountMore Info
917-697-3215

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Anthony BirdSurmountMore Info
917-697-3215

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