5345 Transit Rd, Clarence, NY 14221 - MLS #B401749
Request Information
My Notes
Map
Schools
5345 Transit Rd
Clarence, NY 14221
Clarence, NY 14221
MLS #B401749
$1,250,0003368 Square Feet
0.94 Acres
Property Details
Investors and developers take note, great site for sale with long term tenant and NNN based rent land lease with additional % of rent income. Great investment opportunity as current lease runs over 10 years, and tenant has up to 30 years in additional options. Good net income as site has averaged over $93,000 net in last three years to landlord. Site itself is just under 1 acre in tremendous transit road location with retail plaza across the street, and many newer developments in this strip of Transit. plenty of off street parking and established desirable tenant. sit back and collect.
- Property Type Commercial Mixed or Industrial
- Category Land Lease,Commercial,Other - See Remarks
- Location Business District
- Number of Buildings 1
- Type Of Building Restaurant / Food
- Zoning Commercial
- Zoning Code Commercial
- Property Use Conforming
- Total Units 1
- Business is Franchise Yes
Community & Schools
- County Erie
- Town or City Name Clarence
- Area [NY SWIS Code] Clarence
- Public Transportation 1 Block
- On Waterfront Y/N No
- School District Williamsville
Interior Features
- Square Footage 3368
- Square Footage (Gross) 3368
- Retail Square Feet 3368
- Living Quarters Y/N No
- Stories 1
- Basement Description None
Exterior Features
- Acres 0.94
- Lot Frontage 175
- Lot Depth 233
- Lot Shape Rectangular
- Parking Description Surfaced
- Available Parking Space 75
- Roof Description Metal
Appliances & Utilites
- HVAC Type AC-Central
- Heating Fuel Description Gas
- Sewer / Water Public Water Connected
Financial Details
- Gross Annual Income 114238
- Net Operating Income 93486
- Operating Expenses Include Other - See Remarks
- Total Taxes 20752
- Town/County Tax 8712
- School Tax 12040
- Income/expense Information Provided By Owner
- Number of Leases 1
- Lease Description Other - See Remarks
- Lease Term Remaining Over 5 Years,Multiple ,Renewal ,Right of 1st Refusal
- Lease Square Footage Desc Triple
- Possible Financing Conventional,Cash Only
- Tenant Pays Assessments,Common Area Maintenance,Electric,Heat,Insurance,Janitorial Services,Maintenance,Rent ,Security,Taxes,Tax Escalator,Utilities,Water,Other - See Remarks
- Total Monthly Rent 7790
- Assessed Value 560000
Miscellaneous Details
- Year Built 1973
- Year Built Description Existing
- Tax Map Number 143200-057-130-0001-027-000
- Available Documents Data Sheet ,Lease/Sublease,Site Plan,Other - See Remarks
- Possession At Closing
- Sale Includes Land Only,Land and Building
- Seller Desires Cash
- Property Exclusions No
Map & Directions
on Transit just North of Maple
Map for 5345 Transit Rd, Clarence, NY 1422142.99192-78.696294
Map locations are not exact and are meant to be an estimated reference only.
In addition to this Commercial real estate property, we have hundreds of addtional Clarence real estate listings and homes for sale and Erie County real estate listings and homes for sale.
Real Estate Search Tools are powered by Onjax™ IDX 2.0
© 2012 Onjax, LLC. All Rights Reserved.
© 2012 Onjax, LLC. All Rights Reserved.
Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Century 21 Winklhofer's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Century 21 Winklhofer, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the New York Alliance of MLS's, powered by New York Alliance of MLS's. Real estate listings held by firms other than the Century 21 Winklhofer are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name.
Listing information provided by CNYIS, Inc., GENRIS and WNYREIS.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Century 21 Winklhofer shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. ©2012 New York State Alliance of MLS's. All rights reserved.
Listing information provided by CNYIS, Inc., GENRIS and WNYREIS.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Century 21 Winklhofer shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. ©2012 New York State Alliance of MLS's. All rights reserved.
Last Updated 05/20/2012
