Office Units with
For Sale
Contact for pricing
8555 Main Street, Clarence, NY 14221
Multiple suites offer interior space suited to small businesses and professional practices.
Property Size9,722 SF
Price / SF$0.00
Days on Market62
Property Features for 8555 Main Street
General Information
Standard status
Active
Size
9,722 SF
Amenities
kitchen
Listing Agency:
Murchie Real Estate, LLC
(716) 565-6270
Listed By:
Nevin F Murchie · License #10491205832
(716) 342-8340
Source:
Nicholcityrealty
Added: Aug 16
Changed: Oct 6
Last Checked: Oct 16 at 8:28AM
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 Murchie Real Estate, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office units are available in Suites 1 through 5 at 8555 Main Street in Clarence, New York. The interior includes a kitchen, providing a practical feature for occupants using the space for business or professional practice.
The property is identified with a size of 9722, and the available suite range supports consideration by small businesses seeking office space in a multi-suite setting.
The property is identified with a size of 9722, and the available suite range supports consideration by small businesses seeking office space in a multi-suite setting.
Key Highlights
- Suites 1 through 5 are available
- Interior space includes a kitchen
- Property size listed as 9722
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,823
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,436,460
$2.4M
Cap Rate 7%
$1,740,329
$1.7M
Cap Rate 9%
$1,353,589
$1.4M
Market Conditions
NOI Build-Up for 9,722 SF
Gross rent
$198.3K $20.40/SF
− Vacancy
−$35.9K −$3.69/SF
EGI
$162.4K $16.71/SF
− OpEx
−$40.6K −$4.18/SF
NOI
$121.8K $12.53/SF
Area
Erie County, NY
Vacancy
18.10%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,436,460
Cap Rate 7%
$1,740,329
Cap Rate 9%
$1,353,589
Alternative Uses
Best Use
Office B
$1.74M
$1.52M – $2.03M
NOI $121,823 @ 7.0% cap · market cap 676,794.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.13M
$1.86M – $2.48M
NOI $148,770 @ 7.0% cap · market cap 826,500.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
255
Businesses Nearby
Explore this area
Business Placement
Demographics for 14221, NY
55,275
Population
25,281
Households
2.2
Avg Household Size
48
Median Age
57%
College-Educated
96%
High-School Grad
23.4 sq mi
ZIP Area
2,362
Density / Sq Mi
$101,275
Median Household Income
$58,665
Median Earnings
$1,560
Median Rent
$298,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Multiple suites offer interior space suited to small businesses and professional practices.
Where is this office units located?
The property is located at 8555 Main Street Clarence, NY.
What are key features of this property?
This property features: Suites 1 through 5 are available; Interior space includes a kitchen; Property size listed as 9722
