1120-1140 Youngs Rd, Williamsville, NY 14221
7,210 SF | 100% Leased | Office Building | Williamsville, NY 14221 | $1,450,000 ($201/SF) | 7.25% Cap Rate
For Sale
Active
16 pictures
- Date Added:
- September 16, 2024
- Days on Market:
- 7 days
Asking Price $1,450,000
- Property Type
-
Office
- Square Feet
- 7,210 SF
- Price / Square Foot
- $201
Listing Contacts
Trey McDermid
Verified Profile
- Property Info
Property Overview
1120 Youngs Road presents an outstanding investment opportunity in today’s office market, a fully leased stable income-generating property. The all brick building sits on a prime .75 acre property in Williamsville and has been well built and maintained with 2 A/Cs replaced in ’21, regular maintenance to plumbing, parking & landscaping and solid construction, however, the roof is original. There are 3 distinct suites, allowing an owner to hold as investment, or occupy a sufficient space and receive additional income. This property offers a solid return with its current tenants and leases while also providing flexibility for future configurations. The strong CAP rate of 7.7% suggests a potentially lucrative investment for those looking to acquire medical office real estate. The Sellers are also selling an updated medical office property at 3612 Seneca if the purchaser wants to add to a portfolio, or have a second location.
Property Details
- Class
- B
- Year Built/Renovated
- 2001/2022
- Stories
- 1
- Property Subtype
- Medical, Office Live/Work Unit
- Lot Size (sq. ft)
- 65,340 SF
Highlights
- Single story, all brick stand alone 3 suite building, configurable to adjusting tenant needs.
- parking for 35 + cars and ADA Accessibility
- Fully leased for 3 years at a 7.7 CAP Rate
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