3701 McKinley Pky - Freestanding FOR SALE


Buffalo, NY 14219
$4,166,129 USD
332-345-4222
3701 McKinley Pky, Buffalo, NY for Sale
$4,166,129 USD
Freestanding - FOR SALE
1/2
null | 7.75% Cap Rate

3701 McKinley Pky
Buffalo, NY 14219


HIGHLIGHTS

  • Triple-Net (NNN) Lease | Passive Investment
  • 20-Year Lease | Approximately Eight (8) Years Of Lease Term Remaining | Two (2), Five (5)-Year Options
  • Upcoming 6.67% Rent Escalation In January 2028 | 9.37% Rent Escalation In Option 1 | Fair Market Value Rent In Option 2

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Savers located at 3701 McKinley Parkway, Buffalo, New York 14219. The site consists of roughly 21525 rentable square feet of building space on an estimated 2.69-acre parcel of land. This Savers is subject to a 22-year Triple Net (NNN) lease, which commenced 1/1/2011. The current annual rent is $322,875 and has scheduled increases of 6.67% in 2028, 9.37% (1st Option), Fair Market Rent (2nd Option).

FOR SALE DETAILS

PRICE

$4,166,129 USD

PRICE/SF

$194 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Saver's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

NEC Milestrip Rd & McKinley Pkwy

LAND ACRES

2.69 AC

LAND SF

117,176 SF

ZONING

Retail

APN/PARCEL ID

144889-160-070-0002-030-000

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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