Tim Hortons
$1,200,000
1137 Bailey Ave, Buffalo, NY 14206
For Sale
Retail
Free Standing
Active
Last Updated: 02/26/2025
6.54
Cap Rate
78,500
NOI
Details:
Cap Rate: 6.54%
NOI: $78,500
Building Size: 2,200 sqft
Lot Area: 0.34 acres
Occupancy: 100%
Year Built: 1986
Highlights:
- 2,200 SF Single Tenant Tim Horton's w/ Drive-Thru Situated on .34 Acres
- Long Term Occupancy 38+ Years | Recent Renovation Showing Tenants Commitment To Location
- Tim Horton's Renewed For An Additional 10 Years Commencing January 2020
- Located On Signalized Hard Corner w/ Multiple Points of Ingress & Egress | Strong Traffic Counts
- Ground Lease - No Landlord Responsibilities
- Excellent Location Surrounded By Residential, Office & Industrial
- Five Mile Population Exceeds: 320,000
- Five Mile Average Household Income: $53,204
Location
Gallery
