For Sale
$1,380,000

3079 Bailey Ave Buffalo, NY 14215

Net-leased retail investment opportunity in prime Buffalo location.

Overview

Added:
Jan 27
Days on market:
81
This exceptional investment opportunity presents the chance to acquire a thriving O'Reilly Auto Parts store located in Buffalo, New York. The property boasts a newly constructed, 9,200-square-foot building designed to the tenant's prototype specifications. Secured by a corporate 10-year lease with O'Reilly Auto Parts (NASDAQ: ORLY), this investment offers minimal landlord obligations and four, five-year renewal options, each with an 8% rent increase. The property enjoys a highly visible hard corner location on US-62, a major east-west highway, benefiting from significant traffic exposure of 21,515 vehicles per day. This strategic location is complemented by a strong mix of neighboring retailers, including Family Dollar, 7-Eleven, Tim Hortons, ALDI, Rent-A-Center, DaVita, M&T Bank, and Boost Mobile, ensuring high foot traffic and visibility. The 0.83-acre lot provides ample parking and excellent ingress/egress points. This net-leased investment offers a secure, long-term income stream with built-in rent growth potential in a robust market. The property is situated in Buffalo, New York, the second-largest city in the state, offering a diverse population and strong economic base. This is a rare opportunity to acquire a high-performing, net-leased asset with a nationally recognized tenant in a desirable location. The asking price is $1,380,000.

Highlights

  • 9,200 SF O'Reilly Auto Parts building in Buffalo, NY, on a hard corner with high visibility.
  • Ten-year corporate lease with four, five-year renewal options and 8% rent increases.
  • Located near major retailers and boasts 21,515 vehicles per day exposure on US-62.

Property Details for 3079 Bailey Ave

Property type
Retail properties
Investment Type
net-lease
Square Feet
9,200 SF
Price / Square Foot
$150
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
36,155 SF
Units
1

Location Insight

City
Buffalo
County
State
New York

FAQs

What type of property is this?
Retail property - Net-leased retail investment opportunity in prime Buffalo location.
Where is the retail property located?
The property is located at 3079 Bailey Ave Buffalo, NY.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: 9,200 SF O'Reilly Auto Parts building in Buffalo, NY, on a hard corner with high visibility.; Ten-year corporate lease with four, five-year renewal options and 8% rent increases.; Located near major retailers and boasts 21,515 vehicles per day exposure on US-62.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3079 Bailey Ave
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