4125 Transit RdWilliamsville, NY 14221

For Sale
$1,400,000

Prime Retail Plaza, 100% Occupancy, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a stabilized Class B shopping center located at 4125 Transit Rd, Williamsville, NY 14221. The property, known as THE POM PLAZA, boasts a total of 5,084 square feet across three diverse tenants, all under a net lease with a remaining term of two years. Built in 1974 and renovated in 2015, the single-story building sits on a 22,216 square foot lot and offers ample parking with 35 spaces. Currently operating at 100% occupancy, the property generates a Net Operating Income (NOI) of $96,012, resulting in a current cap rate of 6.86%. Pro-forma NOI is projected at $108,000, yielding a 7.71% cap rate. The asking price is $1,400,000, representing a compelling investment in a strong retail market. The property features a fee simple ownership and is situated in a high-traffic area of Williamsville, offering excellent visibility and accessibility. The existing leases provide a stable income stream, with potential for future revenue growth through lease renewals or expansion. This is a rare opportunity to acquire a well-maintained, high-performing retail property in a desirable location. APN: 82-010-0001-032-000.

Highlights

  • $1,400,000 asking price for this stabilized retail shopping center.
  • 5,084 square feet on a 22,216 square foot lot in Williamsville, NY.
  • Three diverse tenants with a 100% occupancy rate under net leases.
  • $96,012 current NOI, with a pro-forma NOI of $108,000, resulting in a 6.86% cap rate and a 7.71% pro-forma cap rate.
  • Built in 1974 and renovated in 2015, featuring 35 parking spaces.
  • Fee simple ownership with APN 82-010-0001-032-000.

Property Details for 4125 Transit Rd

Property type
Lifestyle centers, Power centers
Square Feet
5,084 SF
Class
B
Year Built/Renovated
1974/2015
Buildings
1
Stories
1
Units
3

Location Insight

City
Williamsville
County
Erie
State
New York
Latitude
42.959768238785
Longitude
-78.696589665861
4125 Transit Rd, Williamsville, New York

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4125 Transit Rd
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