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WellNOW Urgent Care 3450 Union Rd 3,200 SF Retail Building Buffalo, NY 14225 $1,750,000 ($546.88/SF) 6.29% Cap Rate

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Investment Highlights

  • Absolute NNN Ground Lease
  • Third busiest intersection in Buffalo MSA: Traffic counts at Walden/Union Intersection are 27,734/29,190
  • 10% rent increase every 5 years

Executive Summary

As exclusive agent, Cushman & Wakefield | Pyramid Brokerage Company is pleased to present the opportunity to acquire this long-term absolute NNN ground lease with WellNOW Urgent Care located at 3450 Union Road in Cheektowaga, NY (“The Property”) – a 3,200 square foot retail property located on 0.49 acres. This single tenant building was constructed in 2019 by WellNOW, which is in year seven (7) of a twenty (20) year lease with an additional four (4) five (5) year options. The property is next door to the strongest performing regional mall in WNY, a ten-minute drive from downtown Buffalo, and located at one of the busiest intersections in WNY. The site has excellent accessibility with multiple points of ingress-egress and is proximate to I-90. This offering provides a unique opportunity for investors to purchase a passive investment with stable cash flow with a committed tenant and annual rental increases.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,200 SF
Building Class
C
Year Built
2019
Price
$1,750,000
Price Per SF
$546.88
Cap Rate
6.29%
NOI
$110,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.49 AC
Zoning
05C
Parking
32 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
50’ on Union Rd

Amenities

  • Pylon Sign

Nearby Major Retailers

Tim Hortons
LongHorn Steakhouse
Texas Roadhouse
Five Guys
LA Fitness
P.f. Chang's
Smokey Bones
Olive Garden
The Cheesecake Factory
Texas de Brazil

Property Taxes

Property Taxes

Parcel Number
143089-102-020-0001-024-000
Land Assessment
$115,000
Improvements Assessment
$1,065,000
Total Assessment
$1,180,000
  • Listing ID: 39389070

  • Date on Market: 2/10/2026

  • Last Updated:

  • Address: 3450 Union Rd, Buffalo, NY 14225

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