5140 Commercial Dr Yorkville, NY 13495

This retail property is situated on Commercial Drive, a retail thoroughfare experiencing approximately 18,000 vehicles per day. The location offers direct access to New York State Route 5A, facilitating convenient access to the regional expressway system. The property benefits from its proximity to numerous auto retailers and servicers, including Nissan, Toyota, Honda, Chrysler, Ram, Dodge, Jeep, Subaru, Volkswagen, Chevrolet, Ford, Lincoln, Mazda, Napa Auto Parts, Speedway, Hyundai, and Advance Auto Parts. This concentration of automotive businesses may attract additional auto-related customers to the site. Within a five-mile radius, the population exceeds 108,000 residents, with an average household income surpassing $74,000. The retail space within a three-mile radius encompasses approximately 9.9 million square feet, with a vacancy rate of approximately 1.0%, indicating a significant demand and limited supply for retail space in the area. The property can be sold in a portfolio with Gerber Collision at 973 Hertel Ave in Buffalo, NY. The Gerber Collision lease includes a corporate guarantee by the Boyd Group. Gerber Collision is described as a service-oriented and recession-resistant tenant. There are currently only two Gerber Collisions on the market nationwide. The property size is 23,250 square feet.