Property profile

12189 Ny-16 Chaffee, NY 14030

OFF-MARKET
Lifestyle centers
2,250 SF 1 ac lot Built 1990
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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

Location

12189 Ny-16 Chaffee, NY 14030
Chaffee metro
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Value estimations

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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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