61-81 Walnut St - Retail FOR SALE


Lockport, NY 14094
$1,100,000 USD
310-650-4322
61-81 Walnut St, Lockport, NY for Sale
$1,100,000 USD
Retail - FOR SALE
1/15
null | 11.52% Cap Rate

NEW


61-81 Walnut St
Lockport, NY 14094


OVERVIEW

Heritage Square Plaza is a prime investment opportunity in a high-traffic corridor. Anchored by a newly renewed lease with Rent-A-Center (NYSE: UPBD), the plaza offers reliable cash flow and national credit tenancy. Its location at a signalized intersection ensures maximum visibility and easy access. With existing vacancy, there’s also a clear value-add opportunity for investors to boost returns through lease-up potential. This property can also be sold with adjacent 53 Walnut St for a larger combined investment opportunity.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$32 USD /SF

CAP RATE

11.52%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Heritage Square

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

CROSS STREETS

Pine St.

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

C

APN/PARCEL ID

290900-109-013-0003-007-000

ASK ABOUT THIS PROPERTY

Jacob RiveraCaliber Commercial BrokerageMore Info
310-650-4322

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Jacob RiveraCaliber Commercial BrokerageMore Info
310-650-4322

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