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3650 Millersport Hwy
Amherst, NY 14068
Bryant & Stratton College Campus · Specialty Property For Sale
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30,228 SF
Investment Highlights
- NNN Lease Structure
- Annual Rental Escalations
- Superior Visibility & Traffic Counts
- 8 Years of Base Lease Term Remaining
- Excellent Demographics
- Strategic Location
Property Facts
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | School | Year Built | 2010 |
| Building Class | B | Tenancy | Single |
| Lot Size | 9.30 AC | Parking Ratio | 10/1,000 SF |
| Building Size | 30,228 SF | ||
| Zoning | N 000 | ||
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | B |
| Lot Size | 9.30 AC |
| Building Size | 30,228 SF |
| No. Stories | 1 |
| Year Built | 2010 |
| Tenancy | Single |
| Parking Ratio | 10/1,000 SF |
| Zoning | N 000 |
Amenities
- Bus Line
- Signage
- Air Conditioning
About 3650 MILLERSPORT HWY , AMHERST, NY 14068
The Property consists of one building – a 30,228 SF facility that is home to the satellite campus of Bryant & Stratton College. In total, the property is 9.3 acres with a parking capacity of more than 300. Bryant & Stratton College is operating under a 15-year base lease with approximately 8 years remaining and one, five-year option to immediately follow. The lease is NNN with Landlord responsibility limited to capital expenses and features 2% annual increases throughout the entire base term and renewal option period. The Landlord is also insulated from changes in interest rates with a protective clause in the lease language adjusting the rent in February of 2022 and again if the renewal option is exercised.
Property Taxes
| Parcel Number | 142289-028-000-0001-052-000 | Improvements Assessment | $2,345,000 |
| Land Assessment | $1,505,000 | Total Assessment | $3,850,000 |
Property Taxes
Parcel Number
142289-028-000-0001-052-000
Land Assessment
$1,505,000
Improvements Assessment
$2,345,000
Total Assessment
$3,850,000
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