Discover this portfolio comprising of two freestanding, single-tenant offices at 22 and 26 Edward Street, just off the main artery of Arcade, New York. Delivered fully occupied, as an added benefit for the future Buyer, the companies that occupy the space currently would like to execute a 1yr lease (treated like holdover) to remain in the space at a market rental rate. This allows a buyer to quickly utilize the space for their own operations or pursue a new lease that is in line with growing rents in the area.
22 Edward Street offers 5,000 square feet, originally built on a 1.55-acre lot in 1990, and 26 Edward Street comprises 2,400 square feet with ±73 parking spaces built on 0.99 acres in 1992. Sitting just down the street, the properties’ proximity provides convenience and the opportunity for operational efficiencies. The buildings are equipped with prominent signage visible from the signalized intersection of Edward Street and Main Street, providing daily exposure to more than 12,000 passing vehicles.
Sitting just off Highway 39 (W Main Street), 22 & 26 Edward Street places businesses near vital commuter highways, retail amenities, and the Arcade’s biggest employers. Within five minutes of the buildings, tenants will find household name retail brands, including Top’s Friendly Markets, Walgreens, Tractor Supply Co, Rent-A-Center, Value Home Centers, Advance Auto Parts, McDonald’s, Tim Hortons, and Burger King. The same area is home to major employment centers, including operations for Koike Aronson Inc., Prestolite Electric, GenTech Scientific, and Empire Distributing. Highway 39 conveniently connects with Highways 98 and 16, allowing for easy commutes from neighboring markets such as Olean, Buffalo, and Batavia, all reachable in less than an hour.