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1717 Walden Ave 5,850 SF 100% Leased Retail Building Cheektowaga, NY 14225 $3,800,000 ($649.57/SF) 6.15% Cap Rate



INVESTMENT HIGHLIGHTS
- Desirable location just off of the New York Thruway exit
- Recent tenant lease extension and store renovation indicate commitment to the location
- Adjacent to over 300 hotel rooms , Chick Fil A, Starbucks, McDonalds and Applebees
- Top performing Chipotle location
EXECUTIVE SUMMARY
Prime, two tenant, net leased strip center occupied by Chipotle Mexican Grill and Aspen Dental.
Recent tenant lease extension and store rehab.
Recent tenant lease extension and store rehab.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,850 SF
Building Class
B
Year Built
2010
Price
$3,800,000
Price Per SF
$649.57
Cap Rate
6.15%
NOI
$233,883
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.92 AC
Zoning
MS
Parking
47 Spaces (8.03 Spaces per 1,000 SF Leased)
Frontage
227’ on Walden Ave
AMENITIES
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 143089-102-030-0002-018-121 | Improvements Assessment | $1,560,000 |
| Land Assessment | $720,000 | Total Assessment | $2,280,000 |
PROPERTY TAXES
Parcel Number
143089-102-030-0002-018-121
Land Assessment
$720,000
Improvements Assessment
$1,560,000
Total Assessment
$2,280,000
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1717 Walden Ave
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