Take 5 Oil Change | Buffalo, NY | 1941 Elmwood Ave
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Take 5 Oil Change | Buffalo, NY 1941 Elmwood Ave
1,700 SF Retail Building Buffalo, NY 14207 $2,478,000 ($1,458/SF) 7% Cap Rate
Investment Highlights
- 15-YEAR ABSOLUTE TRIPLE NET (NNN) LEASE
- STRATEGICALLY LOCATED IN DOMINANT RETAIL CORRIDOR
- BUFFALO STATE UNIVERSITY
- FRANCHISEE GUARANTEE - PURPLE SQUARE MANAGEMENT COMPANY, LLC
- EXCELLENT SITE-LEVEL VISIBILITY
- BUFFALO NIAGARA INTERNATIONAL AIRPORT
Executive Summary
PRICING - $2,478,000
CAP RATE - 7.00%
NOI - $2,478,000
LEASE EXPIRATION - December 2039
GUARANTEE - Purple Square Management Company, LLC
CAP RATE - 7.00%
NOI - $2,478,000
LEASE EXPIRATION - December 2039
GUARANTEE - Purple Square Management Company, LLC
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,700 SF
Building Class
C
Year Built
2024
Price
$2,478,000
Price Per SF
$1,458
Cap Rate
7%
NOI
$173,508
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.36 AC
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Take 5 Oil Change
- -
- 1,700 SF
- -
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Take 5 Oil Change | - | 1,700 SF | - | - |
Walk Score ®
Very Walkable (73)
Nearby Major Retailers
1 of 9
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Take 5 Oil Change | Buffalo, NY | 1941 Elmwood Ave
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