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778 Niagara Falls Blvd
North Tonawanda, NY 14120
Auction - NNN American Freight | $183K NOI · Retail Property For Sale
Investment Highlights
- STARTING BID $550,000 | Walmart Shadow & Signalized Hard Corner | $183K NOI | AUCTION NOVEMBER 18-20
- Current NOI is $183,739 | Lease Expires 12/31/28 | Renewed July 2023
- Walmart Shadow-Anchored | Signalized Hard Corner with Traffic Counts over 40K VPD
- Single-Tenant, NNN Asset Occupied by American Freight Furniture & Mattress with Recent Renewal and One 5-Year Option Remaining
- Absolute NNN (Zero Landlord Responsibilities) with One Percent Annual Rent Increases
- Attractive 2024 Demographics with 5-Mile Population of ±121,669 and Annual Household Income of ±$86,536
Property Facts
Property Type
Retail
Building Size
31,890 SF
Building Class
B
Year Built
1976
Tenancy
Single
Building Height
1 Story
Building FAR
0.67
Lot Size
1.10 AC
Zoning
M-1
Frontage
160’ on Niagara Falls Blvd
Property Taxes
| Parcel Number | 291200-176-016-0002-018-000 | Improvements Assessment | $615,700 |
| Land Assessment | $38,300 | Total Assessment | $654,000 |
Property Taxes
Parcel Number
291200-176-016-0002-018-000
Land Assessment
$38,300
Improvements Assessment
$615,700
Total Assessment
$654,000
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