Multi-Unit Retail Strip
5436 Main St Williamsville, NY 14221
For Sale
Contact for pricing
Multi-unit retail building features 7 units totaling 7,500 SF, built in 1970.
Property Size7,500 SF
Price / SF$200
Days on Market367
Property Features for 5436 Main St
General Information
Standard status
Active
Size
7,500 SF
Property subtype
RETAIL
Listing Agency:
Hunt Commercial - Buffalo
(716) 491-7181
Listed By:
Heidi Nuessle · License #10301212311
(716) 983-3202
Source:
Moodyscre
Added: Jul 28, 2025
Changed: Jul 28
Last Checked: Jul 29 at 2:31PM
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 Hunt Commercial - Buffalo
Investment Insights
Based on property information with market context.
This multi-unit retail strip center includes a 7,500 SF building configured as 7 separate units. Built in 1970, the property provides established infrastructure and a layout suited for multiple retail tenants.
The building is currently described as 47% occupied, creating room for additional leasing within the existing unit mix. The asset is offered for sale as an investment opportunity.
For investors or brokers looking for a retail property with multiple storefronts under one ownership, this center offers a straightforward, unit-based configuration and a measurable leasing upside based on the current occupancy level.
The building is currently described as 47% occupied, creating room for additional leasing within the existing unit mix. The asset is offered for sale as an investment opportunity.
For investors or brokers looking for a retail property with multiple storefronts under one ownership, this center offers a straightforward, unit-based configuration and a measurable leasing upside based on the current occupancy level.
Key Highlights
- Multi‑unit retail building in Williamsville, NY with 7 units totaling 7,500 SF
- Building completed in 1970
- Currently 47% occupancy, with room to increase leasing
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $117.0k | $15.60 |
| − Vacancy | −$12.6k | −$1.68 |
| EGI | $104.4k | $13.92 |
| − OpEx | −$31.3k | −$4.17 |
| NOI | $73.1k | $9.74 |
7,500 SF · lease $15.60/SF/yr · vacancy 10.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.04M
$913.2K – $1.22M
NOI $73,055 @ 7.0% cap · market cap 4.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.80M
$1.58M – $2.10M
NOI $126,252 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Strip mall - Multi-unit retail building features 7 units totaling 7,500 SF, built in 1970.
Where is this strip mall located?
The property is located at 5436 Main St Williamsville, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Multi‑unit retail building in Williamsville, NY with 7 units totaling 7,500 SF; Building completed in 1970; Currently 47% occupancy, with room to increase leasing
