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- LoopNet Team
3411 Bailey Ave
Buffalo, NY 14215
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.
- The site is just south of the University of Buffalo which boasts a combined graduate and undergraduate enrollment in excess of 30,000 students.
- Well-positioned on Bailey Avenue (Traffic Count: 19,213 VPD) just 6 miles north of Buffalo’s CBD.
PROPERTY FACTS
AMENITIES
- Bus Line
ABOUT 3411 BAILEY AVE , BUFFALO, NY 14215
Aaron’s is proximate to several national retailers such as Aldi, Family Dollar, Subway, Wendy’s, Walgreens, T-Mobile, Tim Horton’s, 7-Eleven, Sunoco and H&R Block. In all, there is 9.4 MSF of retail, 3.8 MSF of office, 4.5 MSF of industrial space and 8,746 multifamily units within a 3-mile radius. Located in the Western part of New York State, along the shores of Lake Erie and Lake Ontario, Buffalo has a prime location on the Canadian-American border, less than 100 miles from Toronto. The Buffalo MSA (Population: 1.1 million) is undergoing over $1 billion in redevelopment, which includes a revitalized waterfront and neighborhoods along with new attractions, restaurants and hotels. Buffalo has a highly-skilled work force with more than 20 public and private colleges and Universities making Buffalo the 7th strongest job market in the U.S.
PROPERTY TAXES
| Parcel Number | 140200-079-650-0006-038-100 | Improvements Assessment | $541,300 |
| Land Assessment | $13,700 | Total Assessment | $555,000 |
PROPERTY TAXES
