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Retail

Available Retail Property in Buffalo, New York.

 

Retail Properties

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5175 Broadway, Depew, NY 14043

DESCRIPTION


Close proximity to the intersection of Broadway and Transit Rd, with great traffic flow and traffic signal access. Located on 12.58 acres of land and the plaza consists of a total of 148,245 sq ft., consisting of three major retail Tenants Tops Supermarket, Big Lots & Dollar Tree. Also available is a vacant freestanding former bank outparcel that can be demolished for another retail use. This former bank location has an attached two lane drive thru bays with a full canopy. Broadway street outparcel also available for a build to suit opportunity. The out-parcel is divisible from 1500 square feet up to 8000 square feet. 

Property is located on the Depew / Lancaster border. The entrance to the plaza is serviced by a signalized traffic light. Average daily traffic counts amount to 18,850 vehicles per day. Within 5 miles from the subject property there is a total population of 121,940 residents, 69% of that population own their home and the median household income is $ 53,723. Tops Markets, a regional supermarket headquartered in Buffalo NY, is the anchor tenant of this plaza.Other tenants that share this strip center building include the following businesses: Big Lots with 25,000 sq. ft., Seasonal Hallmark consisting of 12,400 sq ft. Tops Markets occupies 77,500 sq. ft. or 51.9.8% of the total 148,245 sq. ft. of the shopping center. Space 1A is a former Snap Fitness, space 10 was a former Rent-A-Center, and space 17 was a former HSBC bank on the outparcel by the front entrance to the plaza. Other tenants include H&R Block, The UPS Store, Sally's Beauty Supply, Wine and Liquor Outlet, Supercuts, and Spa Nails.

 

HIGHLIGHTS

 

DETAILS


  • Traffic Signal Access Open to any reasonable offers
  • Out Parcel for a BTS or use as is the former bank.
  • Multi-Tenant Plaza Close proximity to the NYS Thruway on off
  • Ramps on Walden Ave.
  •  Rental Rate Yr: Negotiable
  • Property Type: Retail
  • Property Sub-type: Strip Center
  • Additional Sub-types: Free Standing Bldg, Retail Pad, Neighborhood Center
  • Gross Leasable Area: 5,500 SF
  • NNN Expenses: 3.75
  • Anchor Tenants: Tops Supermarket, Big Lots, Dollar Tree
  • Lot Size: 12.58 AC
  • Traffic Count: 18,850
  • Cross Streets: Transit Rd.
  • Zoning Description: Commerical