973 Hertel Ave | Buffalo, NY 14216
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973 Hertel Ave
Buffalo, NY 14216
Goodyear · Retail Property For Sale
Investment Highlights
- Within a three-mile radius there is a population of over 187,000 people with an average household income of over $71,000
- Subject has direct signage and frontage on Hertel Avenue, a retail thoroughfare that sees over 15,000 vehicles per day.
- Surrounded by national retailers such as Dollar General, Advance Auto Parts, Sonic, LA Fitness Taco Bell, Citizens Bank, Checkers, AutoZone, and more!
- The subject is ±1.8 miles from Interstate 190, which provides convenient access to the entire regional expressway system.
Executive Summary
Can be sold in a portfolio with Gerber Collision - 5140 Commercial Drive - Utica NY. The Gerber Collision lease has a corporate guarantee by the Boyd Group (TSX:BYD). Gerber Collision is a service-oriented and recession-resistant tenant.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
10,881 SF
Building Class
B
Year Built/Renovated
1978/1992
Price
$1,365,120 CAD
Price Per SF
$125 CAD
Cap Rate
7.88%
NOI
$107,571 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.86 AC
PROPERTY TAXES
| Parcel Number | 140200 78.70-4-1.1 | Improvements Assessment | $503,246 CAD |
| Land Assessment | $492,154 CAD | Total Assessment | $995,400 CAD |
PROPERTY TAXES
Parcel Number
140200 78.70-4-1.1
Land Assessment
$492,154 CAD
Improvements Assessment
$503,246 CAD
Total Assessment
$995,400 CAD
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