3733-3735 Un RdCheektowaga, NY 14225
- Community centers
- 137,535 SF
Property Details for 3733-3735 Un Rd
- Year built
- 1990
- Lot size
- 3.16 AC
- Property size (Sq ft)
- 137,535 SF
- Zone code
- 05C
- Property type
- Community centers
- APN
- 143089 102.02-2-1.121
- APU
- 1430891020221121
Description
This exceptional retail property, located at 3733-3735 Union Rd in Cheektowaga, NY (zip code 14225), offers 380,620 square feet of commercial space within a multi-tenant building. Six suites are available, with a minimum divisible space of 2,255 square feet and a maximum contiguous space of 8,500 square feet. Currently, 29,205 square feet are vacant, presenting a significant opportunity for businesses seeking high-visibility locations. The property benefits from its strategic position in Erie County, within the heart of the Greater Buffalo area's most concentrated retail zone, enjoying exceptional visibility near the Galleria Mall's east entrance. This high-traffic location sees 44,000 vehicles daily on Union Road, ensuring maximum exposure for tenants. The center is anchored by established national retailers including LA Fitness, Sam's Club, and Marshalls, creating a strong synergy and attracting a substantial customer base from Western New York and Southern Ontario. This prime retail space provides unparalleled access to a large and diverse consumer market, making it an ideal location for businesses seeking significant growth and market penetration. The property is situated at 42.9153088 latitude and -78.7511631 longitude.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $36,675,124
- 6.5%
- $33,853,960
- 7%
- $31,435,820
-
Comparable approach
- Method
- Valuation
- Relative Method
- $33,158,034
- Geo Method
- $21,803,864
-
Alternative Use
- Use
- Valuation
- Residential
- $28,557,082
- Hospitality
- $26,158,132
- Educational
- $21,763,260
- Medical
- $22,511,732
- Retail
- $33,853,960
Location Insight
- City
- Buffalo
- County
- Erie
- State
- New York
- Latitude
- 42.9149
- Longitude
- -78.7516
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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