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    OFF-MARKET
    Lifestyle centers

    12189 Ny-16, Chaffee, NY 14030

    2,250 SF 1 ac lot Built 1990
    Property ID
    Property summary
    AI-generated overview

    This 2,250-square-foot vacant retail space, formerly a Pizza Hut, is situated within the Yorkshire Plaza in Chaffee, New York. Located at 12189 NY-16, this single-story, 1990-built building offers an excellent opportunity for a variety of businesses. The property boasts a prime location at the corner of NY Route 16 and W. Yorkshire Road, ensuring high visibility and significant drive-by traffic. The property sits on a one-acre lot with ample paved parking, a key advantage for customers and employees. The Absolute NNN lease structure provides a straightforward ownership model. The plaza itself is anchored by several well-known national brands, including Taco Bell, Burger King, McDonald's, Wendy's, AutoZone, Chick-fil-A, and many others, creating a strong retail environment and drawing significant customer traffic. The property's Commercial zoning allows for a range of uses. The building is vacant and ready for immediate occupancy, having become available on October 4, 2022. This location offers easy access from W. Yorkshire Road, Main Street, and the Olean Road Route 16 intersection, making it easily accessible to customers from surrounding towns including Springville, Delevan, Chaffee, and Arcade. The Yorkshire Plaza also includes other local businesses such as Big Lots, Save A Lot, and Dollar General, further enhancing the area's retail appeal. This property presents a unique opportunity to establish a thriving business in a well-established and high-traffic retail center.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 1990
    Total area 2,250 SF
    Lot 1 ac (43,560 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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