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3251 Harlem Rd
Cheektowaga, NY 14225 Pine Hill

Price Upon Request

Auto Repair For Sale  •  2,074 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 2,074 SF
  • Lot Size 0.4 AC
  • Building Class C
  • Year Built 1955
  • Tenancy Single
  • Zoning 05C
28 Transit Score
26 Walk Score

Highlights

Ideal, Zero Management Asset for Passive Investor: Absolute NNN Lease with 1.8% Annual Rental Increases
Established Location with 15.5 Years of Term Remaining: Strong Operator with Over 30 Years of Experience Operating Locations Across the Country
"Essential Business" with no Covid Concessions - Low Price Point - No Management Responsibilities: Tenant Handles ALL Expenses Directly
Original Tenant to the Property with Multiple Lease Renewals and Extensions, Showing Success and Commitment to the Location
Valvoline (NYSE: VVV/S&P BB/Moody’s Ba2) - Market Leader in Premium Branded Lubricants & Automotive Services: Established in 1866 - 1,400 Locations
Strong Demographics: Buffalo’s 2nd Largest Suburb: Average Household Incomes $73,100+ & High Population Density of 336,368 Residents Within 5 Miles

Financial Summary (Actual)

Net Operating Income: $86,630 USD (2021)

Major Tenants

Tenant SF Occupied Lease End Date
Valvoline Instant Oil Change 2,074 SF 12/1/2036

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
8 min - 4.1 mi
8 min - 4.2 mi
AirportDriveWalkDistance
Buffalo Niagara International 9 min - 4.7 mi
Niagara Falls International 31 min - 16.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes