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University Plaza Shopping Center 3500 Main St 82,070 SF 100% Leased Retail Building Amherst, NY 14226 For Sale
INVESTMENT HIGHLIGHTS
- Grocery-Anchored Shopping Center
- Ideally Located
- Permanence of Tenancy
- Service Oriented Tenant Roster
- Densely Populated Trade Area
- Major Regional Thoroughfare
EXECUTIVE SUMMARY
Atlantic Capital Partners has been exclusively engaged to market for sale University Plaza, a premier shopping center anchored by Tops Market in Amherst, New York. Augmenting the strength of its highly productive Tops Market, the property boasts national tenants such as Dollar Tree and M&T Bank. Strategically situated next to the University at Buffalo along a major thoroughfare, the center benefits from its placement within a densely populated trade area.
The asset is being offered without a formal asking price, free and clear of existing debt.
The asset is being offered without a formal asking price, free and clear of existing debt.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
82,070 SF
Building Class
C
Year Built
1980
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
14.41 AC
Zoning
C - Commercial
Parking
626 Spaces (7.63 Spaces per 1,000 SF Leased)
Frontage
472’ on Main St
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 142289 79.32-2-24 01 | Improvements Assessment | $16,550,000 |
| Land Assessment | $2,750,000 | Total Assessment | $19,300,000 |
PROPERTY TAXES
Parcel Number
142289 79.32-2-24 01
Land Assessment
$2,750,000
Improvements Assessment
$16,550,000
Total Assessment
$19,300,000
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University Plaza Shopping Center | 3500 Main St
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