Batavia Shopping Center | 4140 Veterans Memorial Dr
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Batavia Shopping Center 4140 Veterans Memorial Dr
35,413 SF 100% Leased Retail Building Batavia, NY 14020 $6,789,297 CAD ($192 CAD/SF) 8.25% Cap Rate
Investment Highlights
- 35,413-Square-Foot, Multi-Tenant Retail Center
- Major Traffic Driver to the Area with Approximately Two Million Visitors Annually (source: Placer Labs Inc.)
- Shadow-Anchored by Walmart Supercenter
- Anchored by Planet Fitness | Publicly Traded Company (NYSE: PLNT)
Executive Summary
Batavia Shopping Center is a 35,413-square-foot, multi-tenant retail center located in Batavia, New York. The building is currently 100 percent leased, and 87 percent of the gross leasable area has triple-net terms. Anchored by Planet Fitness, the tenant base consists of a complementary mix of national and local retailers including Shoe Dept., H&R Block, Cricket Wireless, Pawn King, Yume Asian Bistro, Senor Leon Mexican Restaurant, B&L Nail Salon, and Vitality Nutrition Group. The subject property was constructed in 2007 and is situated on a 3.8-acre parcel with paved parking.
Batavia Shopping Center is located on Veterans Memorial Drive, positioned near the intersection of Lewiston Road and West Main Street/Highway 5. The center has access from two ingress and egress points; traffic counts in front of the subject property are approximately 8,763 vehicles per day. Batavia Shopping Center is shadow-anchored by a high-traffic Walmart Supercenter with more than two million visitors annually, and near numerous other national retailers including The Home Depot, Five Guys, Target, Petco, Old Navy, Famous Footwear, Five Below, Michaels, Marshalls, ULTA Beauty, Dick's Sporting Goods, Kohl's, AutoZone Auto Parts, Verizon, Maurices, Verizon, Tropical Smoothie Café, Jersey Mike's Sub, Starbucks, Dunkin', Taco Bell, and many more.
Batavia Shopping Center is located on Veterans Memorial Drive, positioned near the intersection of Lewiston Road and West Main Street/Highway 5. The center has access from two ingress and egress points; traffic counts in front of the subject property are approximately 8,763 vehicles per day. Batavia Shopping Center is shadow-anchored by a high-traffic Walmart Supercenter with more than two million visitors annually, and near numerous other national retailers including The Home Depot, Five Guys, Target, Petco, Old Navy, Famous Footwear, Five Below, Michaels, Marshalls, ULTA Beauty, Dick's Sporting Goods, Kohl's, AutoZone Auto Parts, Verizon, Maurices, Verizon, Tropical Smoothie Café, Jersey Mike's Sub, Starbucks, Dunkin', Taco Bell, and many more.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
35,413 SF
Building Class
B
Year Built
2009
Price
$6,789,297 CAD
Price Per SF
$192 CAD
Cap Rate
8.25%
NOI
$560,117 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
3.80 AC
Zoning
452
Parking
100 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
311 ft on Veterans Memorial Dr
Amenities
- Freeway Visibility
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 182400-008-000-0001-017-121 | Improvements Assessment | $2,932,592 CAD |
| Land Assessment | $310,178 CAD | Total Assessment | $3,242,770 CAD |
PROPERTY TAXES
Parcel Number
182400-008-000-0001-017-121
Land Assessment
$310,178 CAD
Improvements Assessment
$2,932,592 CAD
Total Assessment
$3,242,770 CAD
1 of 14
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Batavia Shopping Center | 4140 Veterans Memorial Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.