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3701 McKinley Pky
Buffalo, NY 14219
Saver's · Retail Property For Sale
Investment Highlights
- Credit Tenant (Savers – 300+ Locations) National retailer with ~$1.5B revenue and a recession-resistant business model
- NN Lease | Limited Landlord Duties - Tenant covers taxes, insurance, CAM, and maintenance
- Dense, Stable Demographics - 138K+ population within 5 miles; ~$96K avg household income
- 6+ Years Remaining + Rent Growth - Long-term lease with scheduled increases and renewal options
- Prime Retail Corridor Location - High visibility on McKinley Pkwy near I-90 with ~24K VPD and national co-tenancy
- Large, Functional Site (21,525 SF | 2.69 Acres) - Well-positioned box with ample parking and long-term usability
Executive Summary
Single Tenant Savers for Sale in Buffalo, NY. 6+ Years Remaining with increases in the Initial term and options.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
21,525 SF
Building Class
B
Year Built
1986
Price
$4,453,448
Price Per SF
$206.90
Cap Rate
7.25%
NOI
$322,875
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
2.69 AC
Zoning
Retail - Retail
Parking
101 Spaces (4.69 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 144889-160-070-0002-030-000 | Improvements Assessment | $719,200 |
| Land Assessment | $580,800 | Total Assessment | $1,300,000 |
Property Taxes
Parcel Number
144889-160-070-0002-030-000
Land Assessment
$580,800
Improvements Assessment
$719,200
Total Assessment
$1,300,000
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