4199 Union Rd, Cheektowaga, NY 14225 - MLS #B401785
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4199 Union Rd
Cheektowaga, NY 14225
Cheektowaga, NY 14225
MLS #B401785
$1,650,0002809 Square Feet
0.85 Acres
Property Details
Check out this great investment opportunity, tremendous site in good location with long term tenant and NNN based lease. just sit back and collect your rent. existing large franchise on site with additional 10 years remaining on lease, and long term options as well. Good net income on site includes base rent and a % of sales bonus. Average income on site over last three years has been over $120,000 per year. Site itself runs just under an acre site in a well trafficked area near airport, close to Union and Genesee, plenty of off street parking, and good tenant.
- Property Type Commercial Mixed or Industrial
- Category Commercial,Land Lease
- Location Business District
- Number of Buildings 1
- Type Of Building Restaurant / Food,Retail
- Zoning Commercial
- Zoning Code commercial
- Property Use Conforming
- Total Units 1
- Business is Franchise Yes
Community & Schools
- County Erie
- Town or City Name Cheektowaga
- Area [NY SWIS Code] Cheektowaga
- Public Transportation 1 Block
- On Waterfront Y/N No
- School District Maryvale
Interior Features
- Square Footage 2809
- Square Footage (Gross) 2809
- Leased Square Feet 2809
- Living Quarters Y/N No
- Stories 1
Exterior Features
- Acres 0.85
- Lot Frontage 198
- Lot Depth 186
- Lot Shape Rectangular
- Parking Description Surfaced
- Available Parking Space 60
- Roof Description Metal
Appliances & Utilites
- HVAC Type Forced Air,AC-Central
- Heating Fuel Description Gas
- Sewer / Water Public Sewer Connected
Financial Details
- Gross Annual Income 145533
- Net Operating Income 121206
- Operating Expenses Include Other - See Remarks
- Total Taxes 24327
- Town/County Tax 13467
- School Tax 10860
- Income/expense Information Provided By Owner
- Number of Leases 1
- Lease Description Other - See Remarks
- Lease Term Remaining Over 5 Years,Renewal ,Right of 1st Refusal
- Lease Square Footage Desc Triple
- Possible Financing Conventional,Cash Only
- Tenant Pays Electric,Assessments,Common Area Maintenance,Heat,Insurance,Janitorial Services,Rent ,Security,Maintenance,Taxes,Utilities,Water,Other - See Remarks
- Total Monthly Rent 10105
- Assessed Value 372000
Miscellaneous Details
- Year Built 2006
- Year Built Description Existing
- Tax Map Number 143089-091-160-0002-057-000
- Available Documents Aerial Photographs,Other - See Remarks
- Possession At Closing
- Sale Includes Land and Building,Land Only
- Seller Desires Cash
Map & Directions
Map for 4199 Union Rd, Cheektowaga, NY 1422542.9280381-78.7540188
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 Cheektowaga real estate listings and homes for sale and Erie County real estate listings and homes for sale.
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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 05/18/2012
