4815 Broadway | Depew, NY 14043
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- LoopNet Team
4815 Broadway
Depew, NY 14043
Walgreens | Buffalo NY | $2M | 7.25 CAP · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STABLE INCOME - Income guaranteed by Walgreens Corporation (S&P BBB-) investment grade Fortune 500 Company with over 9,200 locations.
- SOLID REAL ESTATE FUNDAMENTALS - An investment with a low price point, a modest price of $148 per square foot and a rent per square foot of $10.78.
- NEAR WALDEN GALLERIA MALL - This 1,600,000 SF regional mall is anchored by Macy’s, JC Penney, H&M, Old Navy, Apple, Gap, and Dick's Sporting Goods.
- RECENTLY EXERCISED OPTION SHOWING COMMITMENT TO THIS LOCATION – Recently exercised option showing commitment to this location.
- HIGH TRAFFIC COUNTS OF 46,142 VPD - Located at the signalized SE corner of Broadway & Transit Rd with a combined traffic of ± 46,142 VPD.
- SOLID DEMOS WITH ±140,000 RESIDENTS IN 5-MI RADIUS - Located 11 mi E of downtown Buffalo with an avg HH income of $76,920 in a 5 mi radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,905 SF
Building Class
B
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.14 AC
Zoning
Comm
Parking
30 Spaces (2.16 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 145201-104-780-0001-001-110 | Improvements Assessment | $1,400,000 |
| Land Assessment | $600,000 | Total Assessment | $2,000,000 |
PROPERTY TAXES
Parcel Number
145201-104-780-0001-001-110
Land Assessment
$600,000
Improvements Assessment
$1,400,000
Total Assessment
$2,000,000
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