Building Details

Year Built 1960

Listing Agency: WNY Metro Roberts Realty m***@gmail.com Show Phone

Listed By: Julie A Higgins · License #10301201348 Show Phone

Source: Prestigefamilyrealty

Added: Oct 18 Changed: Nov 1 Last Checked: Nov 1 at 1:47AM

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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 WNY Metro Roberts Realty

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Investment Insights

Based on property information with market context.

This 774-square-foot storefront at Pendleton Plaza has a front area with wood-look flooring, broad windows and an existing service counter. A separate work area at the back includes a stainless steel three-compartment sink, a private restroom and its own entrance. The layout is identified for retail, office or specialty service use.

Parking is available in front of the plaza. The property is at 6505 Campbell Boulevard in Pendleton, with access to Amherst, Wheatfield and Lockport.

Key Highlights

• 774‑square‑foot commercial storefront
• Front windows bring natural light into the customer area
• Existing service counter and wood‑look flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$91,903

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,838,060 $1.8M

Cap Rate 7%

$1,312,900 $1.3M

Cap Rate 9%

$1,021,144 $1.0M

What to ask about pricing

Market Conditions

NOI Build-Up for 8,355 SF

Gross rent

$150.4K $18.00/SF

− Vacancy

−$19.1K −$2.29/SF

EGI

$131.3K $15.71/SF

− OpEx

−$39.4K −$4.71/SF

NOI

$91.9K $11.00/SF

Area

Niagara County, NY

Vacancy

12.70%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,838,060

Cap Rate 7%

$1,312,900

Cap Rate 9%

$1,021,144

Alternative Uses

Best Use

Retail

$1.31M

$1.15M – $1.53M (±1% cap)

NOI $91,903 @ 7.0% cap · market cap 6,126.87%

Second Best

—

—

no second resolved use

Theoretical Best

Warehouse

$7.10M

$6.21M – $8.28M (±1% cap)

NOI $496,945 @ 7.0% cap · market cap 33,129.67%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Munch Works Law Firm Munch Treats Specialty Food Shop Pothos Juice Bar Specialty Food Shop Fred's Pendleton Pizza ... Restaurant

Suggested Use

Top Pick Dental Office Auto Repair Shop Electrical Service Auto Parts Store Pharmacy Garden Center

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

Location Intelligence

Trade Area within ½ mile

62

Businesses Nearby

18k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 62% Shops & Services 38%

Tim Hortons Dining

10,887 visits/mo 0.1 miles

Dollar General Shops & Services

6,792 visits/mo 0.3 miles

Demographics for 14094, NY

50,969

Population

23,283

Households

2.2

Avg Household Size

42

Median Age

29%

College-Educated

92%

High-School Grad

121.7 sq mi

ZIP Area

419

Density / Sq Mi

$73,354

Median Household Income

$45,056

Median Earnings

$869

Median Rent

$186,100

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

Frequently Asked Questions

What type of property is this?

Storefront property - An open customer area connects to a rear work zone with a three-compartment sink and private restroom.

Where is this storefront property located?

The property is located at 6505 Campbell Boulevard Pendleton, NY.

What are key features of this property?

This property features: 774‑square‑foot commercial storefront; Front windows bring natural light into the customer area; Existing service counter and wood‑look flooring