2207-2235 Niagara St Buffalo, NY 14207

This exceptional 39,336 square foot shopping center in Buffalo, NY, presents a compelling investment opportunity. Comprising three single-story buildings on a 3.05-acre lot, the property features eight retail units with 70.1% occupancy. Built in 1986, the center benefits from a strong location with easy access to NYS 190 (63,628 AADT) and the Scajaquada Expressway (Rt 198) (28,813 AADT), and a traffic signal at Niagara and Ontario Streets. Two credit tenants occupy 56.1% of the space, supplemented by a Tim Horton's ground lease. The current occupancy allows for significant upside potential through leasing the remaining vacant units, with projections indicating a stabilized cap rate of approximately 9.5%. The robust market, boasting 95.1% occupancy, further supports this promising investment. This multi-tenant retail property offers a compelling combination of established tenancy, strategic location, and substantial growth potential. The asking price is $2,700,000.