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Property profile

5132 Transit Rd Depew, NY 14043

OFF-MARKET
Retail properties & Spaces
3,791 SF Built 1927
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Property summary

AI-generated overview

This exceptional Depew, NY retail property, located at 5132 Transit Road, offers 3,791 square feet of versatile commercial space, currently available for lease. Built in 1927 and renovated in 2020, this single-story building sits on a 0.45-acre lot and features 20 parking spaces, ensuring ample client parking. The property is zoned Commercial-Retail and boasts a 200-amp power supply. The space is divisible, with a minimum leasable area of 1,000 square feet and a maximum contiguous area of 3,791 square feet. Previously operating as a multi-suite salon (hair, nail, and massage therapy), each suite has its own entrance, offering flexibility for a single tenant or multiple occupants. The property's prime location in a high-traffic area, surrounded by complementary businesses, ensures excellent visibility and foot traffic. The building is equipped to accommodate a variety of retail uses. The property's features include a modern interior design, making it an attractive option for a variety of businesses. The property's APN is 143089-115-050-0006-020-100. This is a turnkey opportunity for a business seeking a well-established location with significant potential. The property is available for lease.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1927
Total area 3,791 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center
  • Hair Salon Nail Salon

Location

5132 Transit Rd Depew, NY 14043
Depew metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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