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Single-Tenant Grocery and Convenience Store
For Sale
Contact for pricing
Pending

301 Meadow Dr, North Tonawanda, NY 14120

Operating grocery and fuel station with a lease extending through July 2034 and limited landlord responsibilities.

Property SizeContact for details
Days on Market140

Property Features for 301 Meadow Dr

General Information

Standard status Pending
Property subtype Retail

Additional Details

Traffic Count 21,000 vehicles/day

Building Details

Tenancy Single
Listing Agency: Cleeman Realty Group
Listed By: Michael Cleeman · License #NY 10491206986
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Apr 11 at 6:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cleeman Realty Group

Investment Insights

Based on property information with market context.

The property combines a grocery market with an on-site fuel station and is occupied by Tops Market, which has operated at the location since 2004. A recently exercised 12-year lease extension runs through July 2034. Lease terms place responsibility for the tenant’s roof, including replacement, with the tenant, resulting in limited landlord obligations.

The property is part of Mid-City Plaza Shopping Center at 301 Meadow Dr in North Tonawanda, NY. Nearby retailers include McDonald’s, CVS, Walgreens, Dollar Tree, Burger King, NAPA Auto Parts, Advance Auto Parts, Sherwin-Williams, and E.C. Barton. Access and exposure are supported by Payne Avenue and Meadow Drive, which together carry more than 21,000 VPD. The site recorded over 1.1M visits in 2022, and the store ranked #18 among 125 locations in the chain based on visitation metrics.

Key Highlights

  • Tops Market has occupied the property since 2004
  • 12‑year lease extension runs through July 2034
  • Tenant maintains its own roof, including replacement

Property Analytics

Current Use

Tops Pharmacy Pharmacy Tops Gas Station Primo Water Refill ... Big Box & Wholesale Store Western Union Bank Sherwin-Williams Paint Store Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

326
Businesses Nearby
131k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 43% Shops & Services 34% Groceries 19% Home Improvements & Furnishings 2%
Tops Friendly Markets Groceries
24,817 visits/mo 0.1 miles
McDonald's Dining
20,167 visits/mo 0.1 miles
Dollar Tree Shops & Services
14,244 visits/mo 0.2 miles
Tim Hortons Dining
12,769 visits/mo 0.0 miles
Burger King Dining
10,831 visits/mo 0.3 miles

Demographics for 14120, NY

44,538
Population
20,367
Households
2.2
Avg Household Size
45
Median Age
30%
College-Educated
94%
High-School Grad
32.6 sq mi
ZIP Area
1,366
Density / Sq Mi
$76,608
Median Household Income
$47,014
Median Earnings
$932
Median Rent
$205,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Operating grocery and fuel station with a lease extending through July 2034 and limited landlord responsibilities.
Where is this grocery and convenience store located?
The property is located at 301 Meadow Dr North Tonawanda, NY.
What are key features of this property?
This property features: Tops Market has occupied the property since 2004; 12‑year lease extension runs through July 2034; Tenant maintains its own roof, including replacement
More about this property
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