3701 McKinley Pky | Buffalo, NY 14219
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3701 McKinley Pky
Buffalo, NY 14219
Saver's · Retail Property For Sale
Investment Highlights
- Heavy daytime traffic in the McKinley Trade Area (15,311 AADT along McKinley, 19,598 AADT along Milestrip/Rt. 179)
- ±8.5 years remaining, plus two (2), five-year renewal options
- Single-tenant NNN lease with corporate location and corporate guarantee
- Dense retail corridor less than one mile from I-90/NYS Thruway
Executive Summary
CBRE Upstate NY presents an exclusive listing for the Savers location at 3701 McKinley Parkway in Hamburg, New York. The property consists of an approximately 21,296 SF freestanding retail building on 2.86 AC on the ring road surrounding McKInley Mall with a single-tenant Triple-Net (NNN) Lease agreement with ±8.5 years remaining and two (2), five-year tenant renewal option periods.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
21,296 SF
Building Class
B
Year Built
1987
Price
$4,612,500
Price Per SF
$217
Cap Rate
7%
NOI
$322,875
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.85 AC
Zoning
Retail
Frontage
128 FT on Mckinley Plz
PROPERTY TAXES
| Parcel Number | 144889-160-070-0002-030-000 | Improvements Assessment | $719,200 |
| Land Assessment | $580,800 | Total Assessment | $1,300,000 |
PROPERTY TAXES
Parcel Number
144889-160-070-0002-030-000
Land Assessment
$580,800
Improvements Assessment
$719,200
Total Assessment
$1,300,000
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