Property profile

12189 Ny-16 Chaffee, NY 14030

OFF-MARKET
Retail properties & Spaces
2,250 SF 17.98 ac lot Built 1990
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Property summary

AI-generated overview

This 2,250 square foot former Pizza Hut restaurant is available for lease in the Yorkshire Plaza, located in Chaffee, New York. Situated on a 17.98-acre lot at the corner of NY Route 16 and W. Yorkshire Road, this property offers exceptional visibility and accessibility. The building, constructed in 1990, features two stories and is zoned for commercial use. The entire 2,250 square feet is currently vacant, presenting a blank canvas for a variety of restaurant or retail concepts. The property boasts ample parking in a large paved lot, ensuring convenient access for customers. This location benefits from high traffic counts due to its strategic placement within the Yorkshire Plaza, a shopping center anchored by established businesses such as Big Lots, Save A Lot, Dollar General, and others. The plaza's central location between Springville, Delevan, Chaffee, and Arcade ensures a broad customer base. Additional opportunities exist with outparcels available for ground lease and a 3,050 square foot end cap space with a drive-thru also available, along with a 28,632 square foot space. The surrounding area features a variety of other restaurants and retail establishments, including Burger King, Rite Aid, 7-Eleven, and more, creating a vibrant commercial environment. This property presents a unique opportunity for businesses seeking high visibility and a strong customer base in a well-established shopping center. The Cattaraugus County location provides easy access to major roadways and a diverse population.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1990
Total area 2,250 SF
Lot 17.98 ac (783,209 SF)

Cap rate & NOI

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

Location

12189 Ny-16 Chaffee, NY 14030
Chaffee metro
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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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