For Sale
$995,000

3545 Buffalo StOrchard Park, NY 14127

High-traffic convenience store, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional retail investment opportunity presents a single-tenant, 4,950 square foot convenience store located at 3545 N Buffalo St in Orchard Park, NY. The property, built in 1998, is a Class B building with one story and sits on commercially zoned land. Currently operating as a convenience store with food service, the business is not included in the sale; only the building is for sale. The asking price is $995,000, representing a price per square foot of $201.01 and a 4.82% cap rate. The property boasts a strong net operating income (NOI) of $48,000. The lease is a NNN (Net, Net, Net) lease with a remaining term of 3 years. This prime location in the heart of Orchard Park offers high visibility and significant foot traffic, making it an ideal investment for savvy entrepreneurs and investors seeking a stable, income-generating asset. The B1 zoning allows for a variety of commercial uses, presenting further expansion possibilities. Don't miss this chance to acquire a well-established property in a thriving community. The property's address is 3545 N Buffalo St, Orchard Park, NY 14127.

Highlights

  • $995,000 asking price for a 4,950 SF convenience store.
  • Located at 3545 N Buffalo St, Orchard Park, NY 14127.
  • Retail property, Class B, single-tenant, NNN lease with 3 years remaining.
  • $201.01/SF price, 4.82% cap rate, and $48,000 NOI.
  • Built in 1998, one-story building on commercially zoned land.

Property Details for 3545 Buffalo St

Property type
Retail properties, Grocery and convenience stores
Square Feet
4,950 SF
Class
B
Year Built
1998
Buildings
1
Stories
1

Location Insight

City
Orchard Park
County
Erie
State
New York
Latitude
42.7875233
Longitude
-78.749714
3545 Buffalo St, Orchard Park, New York

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3545 Buffalo St
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