600 Dick Rd - Bank FOR SALE
Buffalo, NY 14225 |
600 Dick Rd
Buffalo, NY 14225
HIGHLIGHTS
- Reduced!! Ideal, Zero Mgmt. Asset for Passive Investor: Absolute NNN Lease with Investment Grade Credit Bank of America (NYSE: BAC/S&P A-/Moody’s A1)
- Just Completed, Complete Tenant Self-Funded ($750,000) Complete Modern Interior Renovation and Design, Further Strengthening Commitment to Location
- Strong Deposits Reported: Established Location with 8.75 Yrs. of Term Remaining and Multiple Renewals Since 1972
- Low Price Point, No Management Responsibilities: Tenant Handles ALL Expenses Directly & Early Lease Extension with Rental Increase and Extensions
- Strong Demographics in Buffalo’s 2nd Largest Suburb: Average Household Incomes Approx. $92k & High Population Density of 259k Residents Within 5-Mil
- Prominent, High Traffic (Approx. 40k Vehicles Per Day), Corner Location Directly Across From Wegman’s Grocery
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
NNN Bank of America Early Ext. |High Deposits
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
3500
STORIES
1
YEAR BUILT
1972
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
143089-103-050-0003-001-110
