Description
The Property is situated on Military Road (Rt 265), just north of Lockport Road in Niagara Falls, NY. This retail location offers convenience shopping to the local neighborhood and is the only major retail within one mile. HSBC Bank and Rite-Aid are adjacent to the Property. The Average Traffic Count for Military Road is 13,000 cars per day. This offering includes an additional 15 acres of undeveloped land behind the shopping center. The 15 acres are directly adjacent to the recently developed, 124-acre Town of Niagara Community Center and Veterans Memorial Park. Phase I of this park included a Senior/Youth Activity Center, three Little League diamonds, one baseball diamond, two multi-purpose fields, and 7,000 feet of trails. Phase II of this park will include a new gymnasium and an amphitheater. The areas main retail corridor is along Military Boulevard, approximately 1.5 miles south of the Property. It begins at Packard Road and extends for over a mile to Niagara Falls Boulevard (the Boulevard
The Property is in the Town of Niagara, NY in Niagara County just 3 miles from the US/Canadian border and less than 10 miles from Buffalo. It is bordered by the City of Niagara Falls, Lewiston and Wheatfield. Known as the "retail hub of western Niagara County," the Town of Niagara boasts such shopping destinations as Fashion Outlets at Niagara (Americas largest true outlet mall), and retailers including Tops Markets, Wal-Mart, Wegmans, Sam's Club, Aldi and many others. The areas economy was originally based around the hydro-electric power generated by the Falls and the chemical, steel, and manufacturing plants owned by companies such as DOW Chemical and Occidental. Today, the City has moved away from its industrial past to embrace a tourism-based economy. In 2001, New York State established the USA Niagara Development Corporation to facilitate development in downtown Niagara Falls, NY.