For Sale
$239,900

4730 Broadway Depew, NY 14043

High-traffic location, strong tenant, 8% cap rate.

Overview

Added:
Feb 3
Days on market:
73
This exceptional 2,150 sq ft commercial property in Depew, NY, presents a compelling investment opportunity. Situated on Broadway, a high-visibility street boasting a daily traffic count of 16,835 vehicles, this property ensures maximum exposure. Currently occupied by the owner, who is offering a triple net (NNN) lease at $1,750 per month, providing immediate and consistent income. Lease options include a 10-year term or a 5-year lease with two 5-year renewal options, guaranteeing long-term stability. The building itself has recently undergone upgrades, including a new heating system installed just 1.5 years ago, minimizing maintenance concerns and maximizing efficiency. This 0.26-acre lot offers a prime location for a variety of commercial uses. The property's 8% cap rate makes it an attractive investment with predictable returns. This is a rare chance to acquire a property with a reliable, long-term tenant in a high-traffic area, offering both immediate income and significant long-term potential. Don't miss this opportunity to secure a stable and profitable investment.

Property Details for 4730 Broadway

Property type
Commercial real estate
Square Feet
2,150 SF
Year Built
1950
Lot Size (sq. ft)
11,326 SF

Location Insight

City
Depew
County
Erie
State
New York
Latitude
42.9021
Longitude
-78.69983
4730 Broadway, Depew, New York

FAQs

What type of property is this?
Commercial real estate - High-traffic location, strong tenant, 8% cap rate.
Where is the commercial real estate located?
The property is located at 4730 Broadway Depew, NY.
What is the asking price?
The asking price for this property is $239,900.
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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4730 Broadway
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