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5495 Sheridan Dr 3,537 SF Retail Building Williamsville, NY 14221 $2,850,000 ($805.77/SF)
Investment Highlights
- 5495 Sheridan Drive is a freestanding retail/medical asset that is leased to a quality NNN tenant, offering a stable and hands-off income investment.
- Situated on an outparcel of Williamsville Place, benefiting from traffic driven by Aldi and nearby retailers, including Dollar Tree, Subway, and more.
- Strong regional connectivity with convenient access to Route 78 and Interstate 290 supports commuter traffic and long-term market appeal.
- Prominent corner location at a signalized intersection delivers exposure to over 32,000 vehicles daily, supported by ample on-site parking.
- Additional retailers such as Wegmans, Starbucks, and McDonald’s within a half-mile reinforce the area as a dominant retail and service destination.
- Located in the East retail submarket with low vacancy, rising rents, and dense demographics fueling sustained demand for retail and medical.
Executive Summary
5495 Sheridan Drive is a 3,537-square-foot freestanding retail and medical asset situated on a prominent 1.23-acre corner site in Williamsville. Constructed in 2021, the asset is fully leased to a quality single tenant under an NNN structure, delivering immediate and reliable income in a high-demand corridor.
Exceptional visibility at a signalized intersection exposes the site to more than 32,000 vehicles daily, while ample on-site parking and flexible design support office, medical, or professional service uses. 5495 Sheridan Drive combines modern construction, stable cash flow, and a hands-off investment profile, creating a prime opportunity in one of Western New York’s most sought-after commercial markets.
Positioned on an outparcel of the Williamsville Place shopping center, 5495 Sheridan Drive benefits from consistent traffic generated by an Aldi anchor and national retailers, including Dollar Tree and Subway. Additional national brands such as Wegmans, Starbucks, and McDonald’s operate within a half-mile radius, reinforcing the area’s role as a dominant retail and service hub. Strong infrastructure connectivity places the site within 4 miles of Route 78 and Interstate 290, supporting connectivity. Dense surrounding demographics with over 219,000 residents within 5 miles, combined with a daytime employee population nearing 135,000 and annual consumer spending of $2.8 billion, sustain long-term demand for retail and medical services.
Located within the East retail submarket, 5495 Sheridan Drive sits in a corridor characterized by low vacancy rates and steadily increasing rental growth. Dense residential neighborhoods, thriving commercial activity, and sustained traffic patterns continue to attract tenants seeking visibility and accessibility. As a fully occupied, well-maintained asset in a proven market, 5495 Sheridan Drive stands out as a rare opportunity to acquire a secure, income-producing investment with strong fundamentals and long-term upside.
Exceptional visibility at a signalized intersection exposes the site to more than 32,000 vehicles daily, while ample on-site parking and flexible design support office, medical, or professional service uses. 5495 Sheridan Drive combines modern construction, stable cash flow, and a hands-off investment profile, creating a prime opportunity in one of Western New York’s most sought-after commercial markets.
Positioned on an outparcel of the Williamsville Place shopping center, 5495 Sheridan Drive benefits from consistent traffic generated by an Aldi anchor and national retailers, including Dollar Tree and Subway. Additional national brands such as Wegmans, Starbucks, and McDonald’s operate within a half-mile radius, reinforcing the area’s role as a dominant retail and service hub. Strong infrastructure connectivity places the site within 4 miles of Route 78 and Interstate 290, supporting connectivity. Dense surrounding demographics with over 219,000 residents within 5 miles, combined with a daytime employee population nearing 135,000 and annual consumer spending of $2.8 billion, sustain long-term demand for retail and medical services.
Located within the East retail submarket, 5495 Sheridan Drive sits in a corridor characterized by low vacancy rates and steadily increasing rental growth. Dense residential neighborhoods, thriving commercial activity, and sustained traffic patterns continue to attract tenants seeking visibility and accessibility. As a fully occupied, well-maintained asset in a proven market, 5495 Sheridan Drive stands out as a rare opportunity to acquire a secure, income-producing investment with strong fundamentals and long-term upside.
Sale Flyer
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,537 SF
Building Class
B
Year Built
2021
Price
$2,850,000
Price Per SF
$805.77
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.23 AC
Zoning
C
Frontage
Demographics
Demographics
1 mile
3 mile
5 mile
15 min drive
2024 Population
9,336
75,322
219,534
346,069
2029 Population
9,344
75,504
219,005
343,686
2024-2029 Projected Population Growth
0.1%
0.2%
-0.2%
-0.7%
Median Age
48.7
45.3
40.1
40.1
College Degree + Higher
59%
54%
46%
24%
Daytime Employees
7,066
60,039
134,010
190,184
Total Businesses
1,068
6,261
13,324
19,217
Average Household Income
$110,786
$115,036
$98,465
$93,204
Median Household Income
$92,405
$92,647
$74,496
$70,923
Total Consumer Spending
$137.7M
$1.1B
$2.8B
$4.4B
2024 Households
4,120
31,411
88,929
143,645
Average Home Value
$298,723
$305,884
$271,654
$259,070
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Rachel's Mediterranean Grill | Cafe | $ | 2 min walk |
| Black & Blue Steak & Crab | Steakhouse | $$$$ | 2 min walk |
| Inchin's Bamboo Garden | - | - | 3 min walk |
| Jet's Pizza | - | - | 3 min walk |
| Wegmans Bakery | Pizza | $ | 3 min walk |
| The Soupherb Gourmet | - | - | 3 min walk |
| Subway | - | - | 3 min walk |
| Starbucks | Cafe | $ | 3 min walk |
| Jet's Pizza | - | - | 7 min walk |
| Rome & Juliet Cafe | Cafe | $$ | 10 min walk |
Retail |
||
|---|---|---|
| Five Star Bank | Finance Company | 1 min walk |
| Dollar Tree | Dollar/Variety/Thrift | 3 min walk |
| ALDI | Supermarket | 3 min walk |
| Golftec | Other Retail | 3 min walk |
| F45 Training | Fitness | 3 min walk |
| Pet Supplies Plus | Pet Shop/Supplies | 3 min walk |
| Relax The Back | Other Retail | 3 min walk |
| United States Postal Service | Business/Copy/Postal Services | 7 min walk |
| Wegmans | Supermarket | 9 min walk |
| 7-eleven | Convenience Market | 10 min walk |
Hotels |
|
|---|---|
| Staybridge Suites |
98 rooms
5 min drive
|
| Tapestry Collection by Hilton |
119 rooms
7 min drive
|
| Courtyard |
108 rooms
7 min drive
|
| FairBridge Inn Express |
65 rooms
7 min drive
|
| Hampton by Hilton |
80 rooms
6 min drive
|
| Hyatt Place |
137 rooms
8 min drive
|
| Home2 Suites by Hilton |
86 rooms
9 min drive
|
Property Taxes
| Parcel Number | 142289 69.10-4-2.2 | Improvements Assessment | $1,335,000 |
| Land Assessment | $345,000 | Total Assessment | $1,680,000 |
Property Taxes
Parcel Number
142289 69.10-4-2.2
Land Assessment
$345,000
Improvements Assessment
$1,335,000
Total Assessment
$1,680,000
Sale Advisors
Sale Advisors
Vito Picone, Director of Sales and Leasing, NYS Licensed Broker
Vito Picone, Director of Leasing at Zaepfel Development Company, brings over 40 years of expertise in Western New York’s commercial real estate market. With a distinguished career spanning brokerage, property acquisition, land development, and leasing, Vito has cultivated a reputation for integrity and excellence. He leverages his extensive experience and tools like property valuations and demographic profiles to deliver tailored solutions that meet tenants’ current and future needs.
A trusted industry leader, Vito excels in negotiating optimal transactions for both tenants and landlords, fostering strong relationships built on trust and tenacity. A Licensed Real Estate Broker, he is involved in NYSCAR, NYSAR, and BNAR, and is recognized for driving positive community growth across New York State.
Awards and Recognition:
A trusted industry leader, Vito excels in negotiating optimal transactions for both tenants and landlords, fostering strong relationships built on trust and tenacity. A Licensed Real Estate Broker, he is involved in NYSCAR, NYSAR, and BNAR, and is recognized for driving positive community growth across New York State.
Awards and Recognition:
- Featured in Buffalo Spree’s “The Face of Commercial Real Estate”
NYSCAR Largest Sale Transaction Award
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