21,000sqft Strip Center on high traffic corner with light.
Listing was updated at: 04/19/2019
Property Overview
Price/Rent PSF $ 2,690,000.00
Asset Type Retail
Trade Type Sale & Lease
SQ. FT. Available 21,000
Date Available 04/19/2019
Additional URL Link
Parking 156
Floors 1
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Description

Location
Located on a corner with Traffic light in the Eastgate shopping district. Major thoroughfare (Glen Este Withamsville Rd) dead ends into property on three way intersection. CVS, UDF and US Bank share frontage in intersection. Excellent access to State Route 32 (East / West) and I-275 (North / South).

Sale
Retail center on major intersection in the Eastgate shopping district (Old St Rt 74 & Glen Este Withamsville) 21,000 SqFt with 156 parking stalls in lighted parking lot. Two pylon signs on Old St Rt 74 visible from intersection. ADT ~ 20,000 cars. Very little deferred maintenance. NOI ~ $210,000

Lease
1-1,200 sq. ft. white box with 1 ADA bathroom.
1-2,400 sq. ft. white box with 2 ADA bathrooms.
Landlord will provide rent abatement in lieu of tenant improvement allowance. Signage on storefront and pylon. Ample parking 60 parking spaces. Access to strip center at traffic signal. Excellent traffic counts, near multiple major retailers. Close proximity to I-275 and SR 32. Center lies within Eastgate shopping district. Strip center is 83% occupied with high traffic producing tenants.

Location