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5800 Transit Rd
Depew, NY 14043
Office Property For Sale
INVESTMENT HIGHLIGHTS
- 13724 sf
- heavy traffic counts
- apartment and office/warehouse space-fully leased
EXECUTIVE SUMMARY
13,724 sf +/- multi-tenanted building for sale. (5177 office; 5744 industrial; 2803 apartment). Fully leased office/warehouse-lease expires May 2025. Two apartments-One 2 bedroom and One 3 bedroom leased. Great investment opportunity with below market rents. Located on .43 acre lot on busy Transit road -AADT (2019) is 26,596. One grade door-10x11
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
13,724 SF
Building Class
C
Year Built/Renovated
1920/1999
Price
$750,000
Price Per SF
$54.65
Cap Rate
7.46%
NOI
$55,924
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,862 SF
Building FAR
0.73
Lot Size
0.43 AC
Zoning
c2 - shopping center district
Parking
18 Spaces (1.31 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 143003-104-090-0003-027-000 | Improvements Assessment | $537,000 |
| Land Assessment | $73,000 | Total Assessment | $610,000 |
PROPERTY TAXES
Parcel Number
143003-104-090-0003-027-000
Land Assessment
$73,000
Improvements Assessment
$537,000
Total Assessment
$610,000
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