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47 Niagara St
Tonawanda, NY 14150
Rite Aid · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,286 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.50
Lot Size
0.61 AC
Parking
64 Spaces (4.82 Spaces per 1,000 SF Leased)

AMENITIES

  • Corner Lot
  • Drive Thru
  • Storage Space
  • Monument Signage
  • Air Conditioning

ABOUT 47 NIAGARA ST , TONAWANDA, NY 14150

The 13,239 square foot Rite Aid is located at a signalized intersection along Seymour St (18,000 VPD), which is a primary north-south thoroughfare in the area. The property is well located in a trade corridor with other retailers including Tops Friendly Markets, 7-Eleven, Citizens Bank, McDonald’s and Walgreens. The Rite Aid property is also near Tonawanda Senior High School (900+ students) and DeGraff Memorial Hospital (457 beds) which drives continual traffic to the area. There are over 72,000 people living within three miles and over 200,000 within five miles of the property. The recently extended Rite Aid lease expires April 30, 2029 and has three 5-year renewal option period. Rite Aid Corporation operates 2,466 stores in the United States. Rite Aid Corporation was founded in 1962 and is headquartered in Camp Hill, Pennsylvania. Rite Aid is publicly traded on the New York Stock Exchange using the symbol “RAD”.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
141600-039-450-0004-001-120
Land Assessment
$58,800
Improvements Assessment
$3,241,200
Total Assessment
$3,300,000
  • Listing ID: 18556565

  • Date on Market: 2/18/2020

  • Last Updated:

  • Address: 47 Niagara St, Tonawanda, NY 14150

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