2136 George Urban Blvd, Depew, NY 14043

6,595 SF | Retail Building | Depew, NY 14043 | $1,895,842 ($287/SF) | 6% Cap Rate

Date Added:
September 16, 2024
Days on Market:
7 days

Asking Price $1,895,842

Property Type
Retail
Square Feet
6,595 SF
Price / Square Foot
$287

Listing Contacts

Deno Bistolarides
Deno Bistolarides
Verified Profile
Brent Hanna
Brent Hanna
Verified Profile
Brandon Hanna
Brandon Hanna
Verified Profile
  • Property Info

Property Overview

Encore REIS is pleased to present this prime Firestone opportunity located in Depew, NY which boasts a prominent location (less than 3 miles to Buffalo Niagara INTL Airport) in a high-traffic/Dense trade area with outstanding operating history for Firestone, exceeding 36-years at subject site.
The subject property offers ample parking space and a modern, well-maintained building with a"best-in-class" tenant that recently exercised a 5-year option period demonstrating further commitment and strength to the location.

Property Details

Class
B
Year Built/Renovated
1987/2017
Stories
1
Property Subtype
Vehicle Related
Lot Size (sq. ft)
52,708 SF

Highlights

  • Double Net Lease - Minimal Landlord Responsibilities (New Roof in 2019 W/ 10-Year Transferable Warranty)
  • 36+ Year Operating History - Strong Commitment to Site - Firestone has Operated at Subject Property Since 1986
  • Investment Grade Tenant - S&P Credit Rating "A" -  Strong Corporate Guarantee
  • Located at the Entrance and is an Outparcel to Urbandale Plaza - Comprised of 257,000 SF of Retail Anchored by Wegman's
  • Less Than 3 Miles to Buffalo Niagara International Airport | 2 Miles to Galleria Mall - Top 10 Largest Malls in America
  • Positioned Along George Urban Blvd (14,659 VPD+) and Just Off Dick Rd (27,412 VPD+) | Close Proximity to I-90

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