778 Niagara Falls Blvd - Retail FOR SALE
North Tonawanda, NY 14120 |
778 Niagara Falls Blvd
North Tonawanda, NY 14120
HIGHLIGHTS
- STARTING BID $550,000 | Walmart Shadow & Signalized Hard Corner | $183K NOI | AUCTION NOVEMBER 18-20
- Single-Tenant, NNN Asset Occupied by American Freight Furniture & Mattress with Recent Renewal and One 5-Year Option Remaining
- Current NOI is $183,739 | Lease Expires 12/31/28 | Renewed July 2023
- Absolute NNN (Zero Landlord Responsibilities) with One Percent Annual Rent Increases
- Walmart Shadow-Anchored | Signalized Hard Corner with Traffic Counts over 40K VPD
- Attractive 2024 Demographics with 5-Mile Population of ±121,669 and Annual Household Income of ±$86,536
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Auction - NNN American Freight | $183K NOI
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
31890
STORIES
1
YEAR BUILT
1976
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
291200-176-016-0002-018-000
