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RITE AID PLAZA 36-60 East Ave

40,000 SF 100% Leased Retail Building Lockport, NY 14094 £1,378,110 (£34/SF) 9.50% Net Initial Yield

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
40,000 SF
Building Class
C
Year Built
1995
Price
£1,378,110
Price Per SF
£34
Net Initial Yield
9.50%
NOI
£130,920
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.61
Land Acres
1.50 AC
Opportunity Zone
Yes
Zoning
B-2 - (General Business District)
Parking
60 Spaces (1.5 Spaces per 1,000 SF Leased)
Frontage
204 ft on East Ave

Amenities

  • Corner Lot
  • Signage
  • Signalised Intersection
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2nd Floor
  • 3,800 SF
  • Office
  • -
  • 30 Days

The property at 36-60 East Ave & Washburn St., Lockport, NY 14094, known as the Rite Aid Plaza, offers prime retail and office space for lease. This mixed-use property features a total leasable area of 40,000 sqft, with a variety of spaces available to suit different business needs. Built in 1995, the property is situated on a 1.5-acre corner lot with excellent visibility and access, thanks to its location at a signalized intersection. Tenants will benefit from ample parking, with a ratio of 1.5 spaces per 1,000 sqft leased. The property is well-maintained and includes modern amenities such as air conditioning. Its strategic location and high foot traffic make it an ideal choice for businesses looking to establish a presence in Lockport.

Space Size Space Use Position Available
2nd Floor 3,800 SF Office - 30 Days

2nd Floor

Size
3,800 SF
Space Use
Office
Position
-
Available
30 Days

2nd Floor

Size 3,800 SF
Space Use Office
Position -
Available 30 Days

The property at 36-60 East Ave & Washburn St., Lockport, NY 14094, known as the Rite Aid Plaza, offers prime retail and office space for lease. This mixed-use property features a total leasable area of 40,000 sqft, with a variety of spaces available to suit different business needs. Built in 1995, the property is situated on a 1.5-acre corner lot with excellent visibility and access, thanks to its location at a signalized intersection. Tenants will benefit from ample parking, with a ratio of 1.5 spaces per 1,000 sqft leased. The property is well-maintained and includes modern amenities such as air conditioning. Its strategic location and high foot traffic make it an ideal choice for businesses looking to establish a presence in Lockport.

Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
290900-109-014-0004-016-000
Land Assessment
£209,353
Improvements Assessment
£319,954
Total Assessment
£529,307
  • Listing ID: 33935829

  • Date on Market: 20/11/2024

  • Last Updated:

  • Address: 36-60 East Ave, Lockport, NY 14094

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