874 Niagara Falls BlvdBuffalo, NY 14223

For Sale
$925,000

High-Cap Rate Auto Shop NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents an 8,357 square foot auto shop located at 874 Niagara Falls Blvd in Tonawanda, NY, just south of Eggert Road. The property boasts a strong 8.00% cap rate and is currently 100% occupied by a national auto glass chain under a four-year remaining absolute NNN lease, generating a monthly rent of $6,200. The building features 9 grade-level doors, 220-3 phase power, and ceiling heights ranging from 10 to 14 feet. Additional amenities include a fully approved paint booth and a 750 square foot office and waiting area. Situated on a sizable 0.55-acre lot (200' x 120'), this property offers significant potential for long-term growth and passive income. The property is zoned for collision repair, making it a versatile and attractive investment for discerning buyers. The asking price is $925,000. This is a rare opportunity to acquire a high-performing, net-leased asset in a prime location with a proven tenant. Don't miss out on this exceptional investment opportunity.

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.977925
Longitude
-78.8235316
874 Niagara Falls Blvd, Buffalo, New York

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874 Niagara Falls Blvd
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