1717 Walden Avenue
NNN Retail | 6.5% CAP | 5,850 SqFt
Marketing description
Introducing an exclusive offering nestled in Cheektowaga (Buffalo), NY at 1717 Walden Avenue. This prime commercial property boasts a single-story, ~5,850 sq. ft. concrete and brick retail building with a sizable 50-car parking lot. Tenanted by popular brands, Chipotle Mexican Grill & Aspen Dental, this investment opportunity generates an impressive annual rent of $233,833. Aspen Dental recently extended their lease for an additional 10 years, underlining their long-term commitment. Situated on a bustling corner just off the NY State Thruway exit ramp, the property benefits from high traffic volumes, making it an attractive location for tenants. Additionally, neighboring prominent businesses such as McDonald's, Chick-Fil-A, and Starbucks enhance the property's desirability. Priced at $3,600,000 with a 6.5% cap rate, this offering provides a solid investment opportunity. Don't miss the chance to own this income-generating property in a prime location!
Investment highlights
Aspen Dental recently renewed their lease for an additional 10 years, demonstrating their commitment to the location. In addition to the recent lease extension, both Chipotle and Aspen Dental are upgrading the interior of their store in 2025.
Busy, signalized corner property, located just off the NY State Thruway exit ramp.
Traffic Count
26,000, VPD: Walden Ave
120,351 VPD: I-90
Directly Adjacent to: McDonalds, Chick Fil-A, Applebee’s, Starbucks, Residence Inn(113 rooms),Hampton Inn(132 rooms) and Holiday Inn(85 rooms)
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