Retail Space - For Sale
3263 Walden Avenue Depew, NY 14043
Details & Description
Price: $499,900
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 1.000
  • Building Sq Ft 1,650
  • Building Price per Sq Ft $302.97
  • Land Sq Ft 43,560
  • Land Price per Sq Ft $11.48
Sale Price: $499,900Cap Rate: 6.6%Lease Term: Thru 7/1/2022 with two 5 year optionsFeatures:Net, Net Lease with 10% rental increases on two 5 year renewalsTenant is largest Verizon Wireless franchisee in the country with over 750 locationsLocated on High Traffic visible suburban corner at traffic signalLandlord responsible for roof and structure only of the 1650 sq. ft. buildingRoof is new
Listing Agents
Alan Hastings

O: 716-886-2215
alan@hastingscohn.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

3263 Walden Avenue

Depew, NY 14043

Listing ID: 190666
$499,900
For Sale
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 1.000
  • Building Sq Ft 1,650
  • Building Price per Sq Ft $302.97
  • Land Sq Ft 43,560
  • Land Price per Sq Ft $11.48
3263 Walden Avenue Depew, NY 14043 | for Sale | Photo 1
Description

Sale Price: $499,900

Cap Rate: 6.6%

Lease Term: Thru 7/1/2022 with two 5 year options

Features:

Net, Net Lease with 10% rental increases on two 5 year renewals

Tenant is largest Verizon Wireless franchisee in the country with over 750 locations

Located on High Traffic visible suburban corner at traffic signal

Landlord responsible for roof and structure only of the 1650 sq. ft. building

Roof is new

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Buffalo History of Retail Space for Sale

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Depew Area Market Trends

Listing Demographics for 3263 Walden Avenue Depew, NY 14043

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population10,17361,403149,566
Population Median Age414242
Population by Age0-9 Yrs1077 (10%)6024 (9%)14837 (9%)
10-19 Yrs1104 (10%)6661 (10%)16056 (10%)
20-29 Yrs1502 (14%)7701 (12%)20024 (13%)
30-39 Yrs1390 (13%)7634 (12%)18202 (12%)
40-49 Yrs1132 (11%)7293 (11%)17955 (12%)
50-59 Yrs1611 (15%)9602 (15%)22815 (15%)
60-69 Yrs1087 (10%)8078 (13%)19053 (12%)
70+ Yrs1270 (12%)8410 (13%)20624 (13%)
Median HH Income$56,909$61,467$60,514
Total Household Income< 24K850 (19%)4520 (16%)11795 (17%)
25-49K1138 (25%)6298 (23%)15225 (23%)
50-74K970 (21%)5400 (20%)13179 (20%)
75-99K657 (14%)3513 (13%)8674 (13%)
100-199K751 (16%)6333 (23%)14507 (22%)
200K+65 (1%)756 (2%)2436 (3%)
Highest Education LevelNo Diploma40625896588
Diploma or GED28851624835101
Some College1602884421586
Assoc. Degree940579013320
Bachelors Degree1079723619578
Higher Degree436466313721
Total Housing Units4,73528,07069,341
--Owner-Occupied3,08719,88846,684
--Renter-Occupied1,3456,93119,132
Owner-Occupied Values< 100K808398210900
100-199K21561219225455
200-299K11027737091
300-399K47601991
400-499K062546
500K+9119701
Total Working Age Population8,42851,463125,350
In Work Force5,74134,10182,443
Not In Work Force2,68717,36242,907
Workforce Employed5,46332,67379,156
Workforce Unemployed2631,3633,203
Civlian Workforce5,72634,03682,359
Military Workforce156484
Total Households4,43126,81965,815
Family Households2,71516,30139,170
Non-Family Households1,71610,51826,646
Married Couple1,86912,32329,339
Other Family8473,9779,831
Married w/Child5803,86210,086
Single Male w/Child1504401,102
Single Female w/Child3321,5253,743

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
New York18,976,457+219,378,102+420,146,131+220,604,030
Erie County950,265-3919,040+2936,084+1949,073

Total Working Age Population:

Total Households:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Buffalo Niagara International Airport (BUF) 3
Greater Rochester International Airport (ROC) 54
Erie International Tom Ridge Field (ERI) 95