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- LoopNet Team
2525 Pine Ave
Niagara Falls, NY 14301
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The absolute NNN lease recently commenced & has ±6.2 years of primary term remaining with 15% rent increases in each of the three 5-year renewals.
- Ideal access and visibility on Pine Avenue (Traffic Count: 11,172 VPD), a primary east-west artery in Downtown Niagara Falls.
- The property is also less than 3 miles east of the iconic Niagara Falls waterfalls, which attract more than 30 million visitors annually. These visito
PROPERTY FACTS
ABOUT 2525 PINE AVE , NIAGARA FALLS, NY 14301
Aaron’s is proximate to several national, local and regional retailers such as Key Bank, AutoZone, Cricket Wireless, Subway, Boost Mobile, the Como Restaurant and Michael’s Italian Restaurant. This 9400 SF retail property was built in 1974, and was renovated in 2006. In all, there is 5.5 MSF of retail, 1.8 MSF of office, 2.9 MSF of industrial space and 2,563 multifamily units within a 3-mile radius. Part of the Buffalo MSA (1.1 million), Niagara Falls is a city on the Niagara River and is home to the world-famous three waterfalls that straddle the international border between Canada and the United States. Niagara Falls is famed both for its beauty and as a valuable source of hydroelectric power. With a myriad of attractions, the city’s primary economic drive is tourism and it benefits from its close proximity to Canada.
PROPERTY TAXES
| Parcel Number | 291100-159-026-0001-010-000 | Improvements Assessment | $122,000 |
| Land Assessment | $53,800 | Total Assessment | $175,800 |
PROPERTY TAXES
