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    3263 Walden Ave Depew, NY 14043

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    For Sale
    $499,900

    Retail property with a net lease and rental increases.

    Property size:
    1,650 SF
    Lot size:
    0.45 Acres

    Property Features for 3263 Walden Ave

    General Information

    Size
    1,650 SF
    Lot size
    0.45 Acres

    Source: Hastings Cohn Real Estate Agent Alan T. Hastings

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property on High Traffic Corner

    This 1650 square foot retail property is located on a visible suburban corner with high traffic at a traffic signal. The tenant is the largest Verizon Wireless franchisee in the country, operating over 750 locations. The property is subject to a net, net lease with 10% rental increases on two 5-year renewals. The landlord is responsible for the roof and structure only of the building. The roof is new.
    Insight Report Location Intelligence

    Current Use by Public Records

    Verizon Business Services Internet Service Provider Verizon Cell Phone Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Depew
    County
    Erie
    State
    New York
    Longitude
    -78.6973218
    Latitude
    42.9115441

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    FAQs

    What type of property is this?
    Retail space - Retail property with a net lease and rental increases.
    Where is this retail space located?
    The property is located at 3263 Walden Ave Depew, NY.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Net, Net Lease with 10% rental increases on two 5 year renewals; - Tenant is largest Verizon Wireless franchisee in the country with over 750 locations; - **Located on High Traffic visible suburban corner at traffic signal**
    (716) 481-3325
    Request Owner's contact information
    3263 Walden Ave Depew, NY 14043
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    Depew, NY 14043
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3263 Walden Ave Depew, NY 14043
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