Freestanding Drug Store
For Sale
Contact for pricing
Pending
47 Niagara St, Tonawanda, NY 14150
Rite Aid occupies the property under a double-net lease with three extension options.
Property SizeContact for details
Days on Market143
Property Features for 47 Niagara St
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Site & Location
Corner Location
Yes
Traffic Count
25,464 vehicles/day
Additional Details
Asking Price
$4,076,055
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
The Boulder Group
(619) 297-0055
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Apr 11 at 11:38PM
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 The Boulder Group
Investment Insights
Based on property information with market context.
This freestanding drug store is occupied by Rite Aid under a double-net lease with 6 years 9 months remaining and three 5-year renewal options. The property occupies a signalized corner at Niagara Street and Seymour Street, supporting its role within the established retail area serving Tonawanda and North Tonawanda.
The site benefits from a combined intersection traffic count of 25,464 cars per day. Highway 425 is approximately one mile east and carries approximately 23,000 cars per day. Nearby retail includes Tops Friendly Market, Dairy Queen, Family Dollar, McDonald's, Subway, Dollar General, Walgreens, Burger King, and 7-Eleven. Degraff Memorial Hospital is less than two miles away, while more than 200,000 residents are located within a 5-mile radius.
The site benefits from a combined intersection traffic count of 25,464 cars per day. Highway 425 is approximately one mile east and carries approximately 23,000 cars per day. Nearby retail includes Tops Friendly Market, Dairy Queen, Family Dollar, McDonald's, Subway, Dollar General, Walgreens, Burger King, and 7-Eleven. Degraff Memorial Hospital is less than two miles away, while more than 200,000 residents are located within a 5-mile radius.
Key Highlights
- Rite Aid occupancy under a double‑net lease with 6 years 9 months remaining
- Three 5‑year lease options
- Signalized hard corner at Niagara Street and Seymour Street
Property Analytics
Property Profile
Current Use
Lease Details
25,464 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
865
Businesses Nearby
96k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 46%
Dining 30%
Groceries 22%
Electronics 2%
Tops Friendly Markets
Groceries
20,728 visits/mo
0.2 miles
Burger King
Dining
14,079 visits/mo
0.3 miles
Dollar Tree
Shops & Services
12,403 visits/mo
0.4 miles
Tim Hortons
Dining
9,820 visits/mo
0.1 miles
7-Eleven
Shops & Services
6,544 visits/mo
0.1 miles
Demographics for 14150, NY
41,161
Population
20,152
Households
2
Avg Household Size
43
Median Age
32%
College-Educated
95%
High-School Grad
14.9 sq mi
ZIP Area
2,762
Density / Sq Mi
$70,294
Median Household Income
$46,867
Median Earnings
$1,094
Median Rent
$181,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- The Shamanic Botanist — 202 Wheeler St Upper, Tonawanda, NY 14150
- Andrea C. Krause, Pharm — 150 Niagara St, Tonawanda, NY 14150
- Jamie Keller — 150 Niagara St, Tonawanda, NY 141501001
- Todd Martino — 150 Niagara St, Tonawanda, NY 141501001
- Tops Pharmacy — 150 Niagara St, Tonawanda, NY 14150
Frequently Asked Questions
What type of property is this?
Drug store - Rite Aid occupies the property under a double-net lease with three extension options.
Where is this drug store located?
The property is located at 47 Niagara St Tonawanda, NY.
What are key features of this property?
This property features: Rite Aid occupancy under a double‑net lease with 6 years 9 months remaining; Three 5‑year lease options; Signalized hard corner at Niagara Street and Seymour Street
