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.
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.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
3079 Bailey Ave Buffalo, NY 14215
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.