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1717 Walden Ave 5,850 SF 100% Leased Retail Building Cheektowaga, NY 14225 $4,921,560 CAD ($841.29 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Desirable location just off of the New York Thruway exit
- Recent tenant lease extension and store renovation indicate commitment to the location
- Adjacent to over 300 hotel rooms , Chick Fil A, Starbucks, McDonalds and Applebees
- Top performing Chipotle location
Executive Summary
Reduced Price!! Prime, two tenant, net leased strip center occupied by Chipotle Mexican Grill and Aspen Dental.
Recent tenant lease extension and store rehab.
Recent tenant lease extension and store rehab.
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,850 SF
Building Class
B
Year Built
2010
Price
$4,921,560 CAD
Price Per SF
$841.29 CAD
Cap Rate
6.50%
NOI
$319,741 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.92 AC
Zoning
MS - (Main Street) is a transect category focusing on high-density, commerce-oriented development. It is designed to promote walkable environments with buildings placed closer to the street
Parking
47 Spaces (8.03 Spaces per 1,000 SF Leased)
Frontage
227’ on Walden Ave
Amenities
- Signage
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 143089-102-030-0002-018-121 | Improvements Assessment | $2,148,900 CAD |
| Land Assessment | $991,800 CAD | Total Assessment | $3,140,700 CAD |
Property Taxes
Parcel Number
143089-102-030-0002-018-121
Land Assessment
$991,800 CAD
Improvements Assessment
$2,148,900 CAD
Total Assessment
$3,140,700 CAD
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1717 Walden Ave
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