4099 Seneca St - Bank FOR SALE


West Seneca, NY 14224
$375,000 USD
203-887-8797
4099 Seneca St, West Seneca, NY for Sale
$375,000 USD
Bank - FOR SALE
1/3
null | 7.45% Cap Rate

4099 Seneca St
West Seneca, NY 14224


HIGHLIGHTS

  • Established Tenant – Bank of America
  • Long-Term NNN Lease
  • Corporate Guarantee by Bank of America
  • High-Traffic Location

OVERVIEW

Surmount is pleased to present the exclusive listing for a Bank of America located at 4099 Seneca St, Buffalo, NY 14224. The site consists of roughly 500 rentable square feet of building space on an estimated 0.41-acre parcel of land. This Bank of America is subject to a 9-year Triple Net (NNN) lease, which commenced 2/7/2020. The current annual net operating income is $27,940 and has a scheduled rental increase of 5% in May 2027.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$469 USD /SF

CAP RATE

7.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

-

APN/PARCEL ID

146800-143-080-0005-003-100

ASK ABOUT THIS PROPERTY

Anthony D'AmbrosiaSurmountMore Info
203-887-8797

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Anthony D'AmbrosiaSurmountMore Info
203-887-8797

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