Overview

Description

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Clarence is a town and affluent suburb located in the northeastern part of Erie County, New York, northeast of Buffalo. The population was 32,950 according to the 2020 census estimate. This represents an increase of 7.4% from the 2010 census figure. The city is comprised of land that's mostly flat, but bisected by the Onondaga Escarpment (known locally as "the Ledge") which runs in a roughly west-to-east direction through the southern part of town. With a median household income of $83,281 per year, Clarence is the wealthiest town in the Buffalo-Niagara Falls metropolitan area.

A second-ring suburb of Buffalo, New York, affluent Clarence is a haven for antique shopping. Main Street in Clarence Hollow, the town's adorable, quaint business district, is where you'll find many of the antique stores that draw visitors to Clarence from all over the region—as well as a wide range of other charming shops, restaurants, and other attractions.

Clarence's development pattern is typical of Buffalo's second-ring suburbs: the parts of town nearest the city—principally Harris Hill and the Transit Road corridor—are fully suburbanized with leafy residential subdivisions and a massive commercial strip of shopping centers, stores and restaurants, while its outer fringes are still largely rural and agricultural, looking much as they did a century ago.

Erie County is a county along the shore of Lake Erie in western New York State. As of the 2020 census, the population was 954,236. The county seat is Buffalo, which makes up about 28% of the county's population. Erie County, along with its northern neighbor Niagara County, makes up the Buffalo-Niagara Falls metropolitan area, the second largest in the State of New York behind New York City. The county's southern part is known as the Southtowns. The county has seen one of the highest growth rates of any county in the State of New York from the 2010 to 2020 census.

Highlights

• Absolute NNN Lease with Zero Landlord Responsibilities
• 11 Years Remaining in Term with Nine, 5-Year Options Available
• Lease Supports Rent Increases of 5% in Years 6 and 11, and in Each Option
• Successful 29+ Years Operating History
• Positioned at the Signalized Intersection of Main Street with Traffic Counts of Over 14,500 VPD and Sheridan Drive with Traffic Counts of Over 9,000 VPD
• Easily Accessible with Multiple Points of Access Along Main Street and Sheridan Drive
• NYSE: RAD | Third Largest Drugstore Chain in the U.S. with Over 2,245 Locations
• This Location Features a Drive Thru and Ample Parking
• High Average Household Income | Average Household Income Within a 3-Mile Radius of the Subject Property Exceeds $121,500
• Located 5 Miles From the Buffalo Niagara International Airport

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