54 Ransier Dr - Warehouse FOR SALE


West Seneca, NY 14224
$945,000 USD
773-963-2637
54 Ransier Dr, West Seneca, NY for Sale
$945,000 USD
Warehouse - FOR SALE
1/3
null | 7.08% Cap Rate

54 Ransier Dr
West Seneca, NY 14224


HIGHLIGHTS

  • Absolute Net Lease with Zero Landlord Responsibilities; Hands-Free Small 1031 Trade Property
  • Industry Leading, Publicly Traded Operator with Significant Scale (NASDAQ: GT)
  • Buffalo MSA Location just off the Aurora Expressway; Multiple Modes of Transportation
  • 11-Year Operating History, Recent Lease Extension; Low Rent
  • Excellent Connectivity & Demographics – More Than 185K People Within a 5-Mile

OVERVIEW

Northmarq is pleased to present a rare opportunity to acquire a Goodyear Auto Service Center located in West Seneca, New York (the “Property”). The Property is subject to an absolute net lease with no landlord responsibilities whatsoever. The lease features biennial 2.00% rent increases during the primary term and the option periods, providing stable and predictable income growth throughout the investment horizon. Goodyear is responsible for all taxes, insurance, and maintenance, including roof and structure, ensuring a highly passive ownership profile.

FOR SALE DETAILS

PRICE

$945,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

7.08%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Goodyear Tire & Rubber Company

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

M1-Light Industrial

APN/PARCEL ID

146800-135-090-0001-005-000

ASK ABOUT THIS PROPERTY

Isaiah HarfNorthmarqMore Info
773-963-2637

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Isaiah HarfNorthmarqMore Info
773-963-2637

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