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AT&T-Subway-YogaSix | 7.0% CAP | Trophy RE | 3505-3515 Amelia Dr
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AT&T-Subway-YogaSix | 7.0% CAP | Trophy RE 3505-3515 Amelia Dr
6,245 SF 100% Leased Retail Building Orchard Park, NY 14127 £2,081,279 (£333/SF) 7% Net Initial Yield
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INVESTMENT HIGHLIGHTS
- Trophy multi-tenant retail center at the main entrance to two super-regional power centers anchored by Super Target, Kohl’s, Dick’s Sporting Goods, As
- Upside potential through operating expense collection – contact broker for details
- Recent 7-year lease renewal by AT&T and 11-year lease with Yoga Six demonstrate long-term commitment to this site and provides stable cash-flow
- Strategic location between interchanges at I-90 and 219 and located less than 1 mile from Highmark Stadium, home of the Buffalo Bills
- Dense and affluent trade area - 144,000 people with an average household income of $92,000 within 5 miles
- Oversized 1.48 Acre parcel designed with end cap drive-thru
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,245 SF
Building Class
B
Year Built
2008
Price
£2,081,279
Price Per SF
£333
Net Initial Yield
7%
NOI
£145,675
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.10
Lot Size
1.48 AC
Zoning
B2 453
Parking
65 Spaces (10.41 Spaces per 1,000 SF Leased)
Frontage
131 ft on Milestrip Rd
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 146089-152-180-0001-009-120 | Improvements Assessment | £217,353 |
Land Assessment | £54,955 | Total Assessment | £272,308 |
PROPERTY TAXES
Parcel Number
146089-152-180-0001-009-120
Land Assessment
£54,955
Improvements Assessment
£217,353
Total Assessment
£272,308
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AT&T-Subway-YogaSix | 7.0% CAP | Trophy RE | 3505-3515 Amelia Dr
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