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3079 Bailey Ave
Buffalo, NY 14215 LaSalle

$1,226,666 USD

Freestanding For Sale  •  9,200 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,200 SF
  • Lot Size 0.83 AC
  • Building Class C
  • Year Built 1956
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning N-C3
44 Transit Score
84 Walk Score

Highlights

8+ Years Remaining on Original 10-Year NN Lease Term | 8% Increases every 5 Years | Priced Below Replacement Costs | Attractive Low Rent - $9.00 PSF
Strong National Tenant | Corporate Guarantee | S&P Credit Rating "BBB" | Fee Simple Interest with Minimal Landlord Responsibilities
High Visibility Location with Three Points of Access | Positioned at Signalized Intersection of Bailey Ave and Westminster Ave - 33,000+ VPD
New Building Retrofit, Roof and Parking Lot Completed in 2023 | $1B In Transportation & Maintenance Spending within 5 Miles of Subject Property
6,483 Locations Throughout the US | 2nd Largest Automotive Supplier in North America
Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
O'Reilly Auto Parts 9,200 SF 12/31/2033

Amenities

  • Bus Line
  • Security System
  • Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
12 min - 6.0 mi
11 min - 6.1 mi
AirportDriveWalkDistance
Buffalo Niagara International 12 min - 4.8 mi
Niagara Falls International 30 min - 15.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
Michael Cisternino 925-388-0888 Essential Capital Advisors
Michael Cisternino 925-388-0888 Essential Capital Advisors