3733-3735 Un RdCheektowaga, NY 14225

  • Community centers
  • 137,535 SF
For Lease

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
3733-3735 Un Rd, Cheektowaga, New York

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$300,000
$7,880,000
$8,180,000
-
$329,670
$8,659,341
$8,989,011

FAQs

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