The real estate ownership, which overlaps with that of the major tenancy, W. J. Cox company, now prefers selling versus leasing this prominent Main Street spot. The property is across the street from Clarence High School, just east of Goodrich Road. W. J. Cox has a lease until June 30, 2028 and will lease back until this date for a purchaser of the whole property. Attached is a spread sheet giving one version of how such a leaseback would work. This property should be especially advantageous for someone needing immediately 4,000 sf, with the 6,000 sf balance being productively rented. The list price for a purchase has just been reduced from $1,500,000 to $1,450,000.
Available immediately for lease or owner-occupancy are two adjoining areas of 1,200 sf and 2,500 sf. The total building of 10,176 sf has paved parking for 60 cars on this lot of 2.13 acres. There is, then, additional land north of the current parking lot for further parking to go with possible building expansion.