For Lease
$15-$22.50 /SF/YR

950 Union RdWest Seneca, NY 14224

Prime Retail Space, West Seneca, NY

Overview

Added:
Dec 11, 2024
Days on market:
115
Southgate Plaza presents a unique investment opportunity in West Seneca, NY. This Class A retail center, totaling 390,910 square feet across four, two-story buildings, sits on a substantial 32-acre lot. Built in 1950 and extensively renovated in 2019, the property boasts a diverse tenant mix including retail stores, banks, medical offices, restaurants, and a fitness center. Spaces range from a minimum of 964 square feet to a maximum contiguous space of 13,500 square feet, offering flexibility for various business needs. The property features ample parking with 2000 spaces and elevators for convenient access. Its prime location, with convenient access via Seneca Street, ensures high visibility and foot traffic. The property tax rate is $1.81 per square foot. Current tenants include well-established national and local businesses, creating a strong and diverse revenue stream. This established center offers a blend of established businesses and opportunities for new tenants, making it an attractive investment for both seasoned and emerging investors seeking a high-traffic, well-maintained property in a thriving community. The property's history as a premier shopping destination since 1955, combined with its recent renovations, positions it for continued success. The diverse tenant mix, including a grocery store and fitness center, ensures a consistent flow of customers. The large lot size and ample parking further enhance the property's appeal.

Highlights

  • Class A, 390,910 SF retail property with multiple tenants.
  • Four buildings totaling 390,910 square feet on 32 acres.
  • Spaces available from 964 SF to 13,500 SF contiguous.
  • 2,000 parking spaces and elevators.
  • Located near Seneca Street, built in 1950, renovated in 2019.

Property Details for 950 Union Rd

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
390,910 SF
Class
A
Year Built/Renovated
1950/2019
Buildings
4
Stories
2

Unit(s) available at that property

Space
Available Space 3
Size
13,500 SF
Rate per SF
$18.50
Space
Available Space 4
Size
964 SF
Rate per SF
$22.50
Space
Available Space 2
Size
3,744 SF
Rate per SF
$15

Location Insight

City
West Seneca
County
Erie
State
New York
Latitude
42.827450666678
Longitude
-78.753492839857
950 Union Rd, West Seneca, New York

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950 Union Rd
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