Retail Space
4845 Broadway Depew, NY 14043
Details & Description
Price: $1,400,000
    Marcus & Millichap is pleased to bring to market Advance Auto Parts in Depew, NY (Buffalo MSA). The lease was recently extended for five years, providing nearly eight years of remaining lease term.Strong Intrinsic Value in the Land & Building Given Central Location, Infill Demographics, Huge Traffic Counts, and Easily Retrofit Rectangular Box.Depew is a Dense, Outer-Ring Suburb of Buffalo Adjacent to Cheektowaga and Just South of the Buffalo-Niagara Airport; 12 Miles from Downtown Buffalo.
    Property Highlights
     Dense Infill Middle-Income Location 8,505 Residents within 1-Mi 73,045 Residents within 3-Mi AHHI of $63K within 1-M
     2003 Build-to-Suit with 10-Year Original Lease 18-Year History at the Site with Two Long-Term Renewals
    Listing Agents
    Craig Fuller

    O: 216-264-2043
    cfuller@ipausa.com
    Scott Wiles
    Marcus & Millichap
    O: 216-264-2026
    swiles@ipausa.com
    Eric Patton
    Marcus & Millichap
    O: 614-360-9035
    epatton@ipausa.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.

    4845 Broadway

    Depew, NY 14043

    Advance Auto Parts

    Listing ID: 275997
    • 4845 Broadway Depew, NY 14043 | for Sale | Photo 1
    • 4845 Broadway Depew, NY 14043 | for Sale | Photo 2
    • 4845 Broadway Depew, NY 14043 | for Sale | Photo 3
    4845 Broadway | for Sale | Thumbnail 1
    4845 Broadway | for Sale | Thumbnail 2
    4845 Broadway | for Sale | Thumbnail 3
    Building Size: 7,000 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $200.00
    Land $/SF:
    Price
    $1,400,000
    Property Highlights
    Advance Auto Parts Double-Net Lease with 7.75 Years Remaining in the Buffalo, NY MSA
    Just Early Extended Lease for 5 Years thru December 2028 Showing Strong Commitment to Site
    2003 Build-to-Suit with 10-Year Original Lease 18-Year History at the Site with Two Long-Term Renewals
    Huge Traffic Counts 49,400 VPD at Adjacent Signalized Intersection
    Dense Infill Middle-Income Location 8,505 Residents within 1-Mi 73,045 Residents within 3-Mi AHHI of $63K within 1-M
    Investment-Grade Tenant Carrying SP BBB- Credit Rating
    Description

    Marcus & Millichap is pleased to bring to market Advance Auto Parts in Depew, NY (Buffalo MSA). The lease was recently extended for five years, providing nearly eight years of remaining lease term.

    Strong Intrinsic Value in the Land & Building Given Central Location, Infill Demographics, Huge Traffic Counts, and Easily Retrofit Rectangular Box.

    Depew is a Dense, Outer-Ring Suburb of Buffalo Adjacent to Cheektowaga and Just South of the Buffalo-Niagara Airport; 12 Miles from Downtown Buffalo.

    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

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Depew Area Market Trends

    Listing Demographics for 4845 Broadway 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 Population8,42569,216140,528
    Population Median Age404342
    Population by Age0-9 Yrs990 (11%)6904 (9%)14449 (10%)
    10-19 Yrs897 (10%)7186 (10%)13993 (9%)
    20-29 Yrs1177 (13%)8310 (12%)18281 (13%)
    30-39 Yrs1104 (13%)8758 (12%)18466 (13%)
    40-49 Yrs1014 (12%)7722 (11%)15670 (11%)
    50-59 Yrs1312 (15%)10789 (15%)21272 (15%)
    60-69 Yrs947 (11%)9512 (13%)18370 (13%)
    70+ Yrs984 (11%)10034 (14%)20026 (14%)
    Median HH Income$53,606$63,703$61,761
    Total Household Income< 24K740 (19%)4977 (16%)10607 (17%)
    25-49K1021 (27%)6775 (22%)14441 (23%)
    50-74K717 (19%)5979 (19%)12177 (19%)
    75-99K533 (14%)4027 (13%)8726 (14%)
    100-199K664 (17%)7327 (24%)13648 (21%)
    200K+65 (1%)1151 (3%)2575 (4%)
    Highest Education LevelNo Diploma36026735748
    Diploma or GED24081817534259
    Some College1302991720882
    Assoc. Degree825688413358
    Bachelors Degree769811417993
    Higher Degree297562111750
    Total Housing Units4,00231,47265,087
    --Owner-Occupied2,33822,46544,290
    --Renter-Occupied1,4047,77017,883
    Owner-Occupied Values< 100K58235999412
    100-199K16311389224819
    200-299K10234506452
    300-399K1012342242
    400-499K0145597
    500K+12145768
    Total Working Age Population6,87558,225117,917
    In Work Force4,63238,02477,479
    Not In Work Force2,24320,20140,439
    Workforce Employed4,39536,70774,888
    Workforce Unemployed2211,2682,512
    Civlian Workforce4,61637,97477,400
    Military Workforce165078
    Total Households3,74230,23662,174
    Family Households2,14518,50836,823
    Non-Family Households1,59711,72825,351
    Married Couple1,38514,06527,496
    Other Family7604,4439,327
    Married w/Child3924,5429,336
    Single Male w/Child904911,131
    Single Female w/Child3331,5563,233

    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:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    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.

    Common Questions and Answers

    What is the asking price for 4845 Broadway in Depew?
    The asking price for 4845 Broadway is $1,400,000
    What is the building size of this Retail property in Depew, NY?
    The size of the building/unit at 4845 Broadway in Depew is 7,000 square feet
    What kind of Retail is the propery at 4845 Broadway?
    The property at 4845 Broadway Depew, NY 14043 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 4845 Broadway in Depew?
    The population within 1 mile of 4845 Broadway Depew, NY 14043 is 8,425 people.
    Who do I contact for questions about 4845 Broadway?
    You should contact the listing agent, Craig Fuller, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    5460 Transit Road, Depew, NY CALL 13165 0.64
    4730 Broadway, Depew, NY $199,900 2400 0.31
    3263 Walden Avenue, Depew, NY $499,900 1650 1
    5346 Broadway, Lancaster, NY $239,900 1586 -
    6260 Transit Road, Depew, NY $489,900 4336 0.3
    2474 George Urban Boulevard, Depew, NY $99,000 3030 -
    6354 Transit Road, Depew, NY $20,000 1000 -
    2251 George Urban Blvd, Depew, NY $599,000 5375 1.5
    1375 French Road, Depew, NY CALL 4068 0.47
    5111 Genesee Street, Cheektowaga, NY CALL 3894 -

    Closest Commercial Airports

    Airport Distance (mi)
    Buffalo Niagara International Airport (BUF) 3
    Greater Rochester International Airport (ROC) 54
    Erie International Tom Ridge Field (ERI) 94