Duong Investment Group

ENTERPRISE TRUCK RENTAL

3900 Broadway Street, Buffalo, NY

Property Description

Price: $1,000,000
Price Per/SF: $5.27
Land Area: ±1.25 Acres
Cap Rate: 5.27%
Gross Leasable Area: ±2,625 SF
Year Built: 2000

Investment Highlights

Low Overall Price Point

Below Market Land Price/SF of Just $18.37

Strong Corporate Guarantee

Available Seller Carry Back at Up to 65% LTV and Favorable Interest Rate – Please See Financial Analysis on Page 6 and Contact Agents for More Details

 

Prime Corner Location

  • Enterprise Truck Rental is Located on the Corner of a Signalized Intersection with Traffic Counts Exceeding 41,000 Cars Per Day
  • Walden Galleria Mall is the Largest Mall in Buffalo and Located within 3 Miles of Subject Properties
  • Pride of Ownership Property in Buffalo, NY

Excellent Surrounding Area & Strong Real Estate Fundamentals

  • Dense, Infill Area with Over 234,000 Residents within 5 Miles of the Subject Property
  • Buffalo is the Second Largest City in the State of New York with a Population Exceeding 254,000 Residents
  • Located Within 3 Miles of Buffalo Niagara International Airport (BUF), Which Sees Over 5 Million Passengers Annually and Ships Over 311MM Lbs. of Freight Annually
  • Located Within 3 Miles of Interstate 90 which Connects Boston to Seattle
  • Located in a Dense Industrial Area with other National Brands such as Pepsi Co., Ferguson, Sonwil Distribution, and Many More within Close Proximity to the Subject Property

 

 

Broker of Record: Susan Bands – License: NY 1031120923

Contact Information

Craig Elster
Vice President Investments
Director, Net Leased Properties Group
(949) 419-3223
craig.elster@marcusmillichap.com
License: CA 01958307

Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
ron.duong@marcusmillichap.com
License: CA 01438643

Ian Diaz
Industrial Specialist
(949) 419-3298
ian.diaz@marcusmillichap.com
License: CA 02101924