9600 Main St - Medical FOR SALE


Clarence, NY 14031
$1,450,000 USD
716-444-0299
9600 Main St, Clarence, NY for Sale
$1,450,000 USD
Medical - FOR SALE
1/31
null | Request Cap Rate

9600 Main St
Clarence, NY 14031


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.14 AC

LAND SF

93,218 SF

ZONING

-

APN/PARCEL ID

143200-071-150-0001-006-000

ASK ABOUT THIS PROPERTY

Stephen HuntHunt Commercial Real EstateMore Info
716-444-0299

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Stephen HuntHunt Commercial Real EstateMore Info
716-444-0299

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