• Ideal, Low Management Asset for Passive Investor: NNN Lease Structure with Tenant Handling All On-Site Maintenance Directly
• Prominent, High Traffic Location Directly In Front of Buffalo’s Premier Shopping Destination, Walden Galleria: 1,600,000 S.F. of Premium Retailers/Restaurants and Entertainment: Lego Store, Dave & Busters, Regal 4DX Cinemas, Apple, lululemon, Urban Outfitters and Hundreds More
• Highly Attractive 8.00% CAP Rate at Low Price Point
• Annual 2.5% Rental Increases Through Current Term and Renewals, Generating NOI Growth
• Pharmacann, Inc.: Founded in 2014, One of the Country’s Largest Vertically Integrated Cannabis Companies in 6 States, Providing Safe, Reliable, Top-Quality Cannabis Products
• 2024 Renovation: Tenant Completed Modern Interior Remodel/Buildout and Design, Along with Parking Lot Reseal/Stripe and New Roof (20 Year Warranty)
• Strong Demographics in Buffalo’s 2nd Largest Suburb: Average Household Incomes of Approx. $88,000 and High Population Density of 295,000+ Residents Within 5-Miles
• Prime Corner, Signalized Location with 5.75 Yrs. of Term Remaining: Strong Operator with Separate Corporately Backed Guaranty
• Signalized Corner Location at Union Road and Galleria Drive (42,000+ VPD) with High Visibility Pylon Signage at the Corner, Double Lane Drive-Thru and Easy Access to I-90 (133,970+ VPD)
• Additional Retail Corridor Across Union Road with Loads of Complimentary Retailers: Sam’s Club, FunCity Adventures, Walmart Supercenter Texas Roadhouse, Union Road Plaza, Sonic Drive-In and Moe’s Southwest Grill
• Direct Route to Downtown Buffalo (10 Miles) from Eastern Suburbs
• Immediate Vicinity of Buffalo-Niagara International Airport (2.5 Miles) and 7 Miles to The University of Buffalo with 31,500 Students and Over 3,000 Employees
• Cheektowaga is Home to SUNY Empire State College (10,425 Students and Over 1,300 Academic Staff) and Villa Maria College (550 Students and Approximately 250 Academic Staff)
• Adjacent to Cheektowaga Central High School and Union East Elementary School
• Heavy Concentration of Major Employers Positioned 10 Miles to Downtown Buffalo & 25 Miles to Niagara Falls: Kaleida Health (8,194 Employees), Catholic Health System (7,368 Employees), M&T Bank Corporate (7,013 Employees), Roswell Park Institute (3,239 Employees), Geico Insurance (3,200 Employees) and One of the Top Attractions for Tourism, the Seneca Niagara Casino & Hotel (25 Miles), Employing Over 3,000