For Sale

6525 Transit Road | Clarence, NY

Long Term Lease with Northwest Bank

The 6525 Transit Road property is situated in an upscale area of Western New York with strong real estate fundamentals making it an appealing investment opportunity. The building is attractive and well-maintained, and benefits from excellent visibility to Transit Road with traffic counts of 24,000+ daily. The surrounding area consists of a mix of medical facilities, retail stores, restaurants, upscale homes, and boasts average annual household income exceeds $200,000. Additionally, 72.4% of households within a five-mile radius are owner- occupied, significantly higher than the U.S. average of 58%.

Strong Location
Situated on Transit Road along the highly desirable and affluent East Amherst/Clarence neighborhoods.

Stable Income Stream
Consistent cash flow from quality, institutional tenant, with an Absolute Net lease in place for 9.5 years. Increase in Base Rent of 11% in 2029 with three (3), five-year renewal options beginning in 2034.

• 1-mile radius: Population of 6,100; 
  5-mile radius: 100,000
• Average household income within 1 mile: $200,000
• Median Age: 45.4 years

• Single tenant building with drive through teller
  and ATM lane
• Two access driveways to Transit Road
• Ample parking (45 spaces)
• Comprehensive renovation in 2019, 
  including a new roof.