4125 Transit Rd 5,084 SF 100% Leased Retail Building Buffalo, NY 14221 $1,400,000 ($275.37/SF) 6.70% Cap Rate
INVESTMENT HIGHLIGHTS
- STRONG VISIBLE LOCATION
- HIGHLY DESIRABLE WILLIAMSVILLE - CLARENCE BORDER
- MODIFED GROSS LEASE WITH ROOM IN SQ. FT. RATES
- HIGH TRAFFIC COUNTS
- PERFECT INVESTMENT WITH "VALU ADD" MOMENTUM OR OWNER USER FACILITY
EXECUTIVE SUMMARY
EXCELLENT "INLINE" PLAZA LOCATED IN HIGHLY TRAFFICED AND DESIRABLE LOCATION. 100% OCCUPIED WITH MODIFIED GROSS LEASED TENANCY. ROOM FOR RENT ESCALATIONS, AMPLE OPEN PARKING. PERFECT OF RETAIL INVESTOR OR USER OCCUPANT FOR PERSONAL BUSINESS OPPORTUNITY! LOCATION IS EXCELLANT ON THE TRANSIT RD CORRIDOR, EMBRACING BOTH THE TOWN OF AMHERST, VILLAGE OF WILLIAMSVILLE AND THE TOWN OF CLARENCE!!!, CLOSE TO THRUWAY INTERCHANGE, BUFFALO-NIAGARA AIRPORT AND THE BUFFALO CBD. STABLE TENANTCY IN PLACE.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,084 SF
Building Class
C
Year Built
1974
Price
$1,400,000
Price Per SF
$275.37
Cap Rate
6.70%
NOI
$93,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.51 AC
Parking
20 Spaces (3.93 Spaces per 1,000 SF Leased)
Frontage
113’ on Transit Rd
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- 95 NUTRION
- -
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- La Divina Dos
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- ROSS JEWELERS
- -
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| 95 NUTRION | - | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| La Divina Dos | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| ROSS JEWELERS | - | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 143200 82.01-1-32 | Total Assessment | $680,000 (2023) |
| Land Assessment | $395,000 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $285,000 (2023) | Tax Year | 2024 |
