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    OFF-MARKET
    Retail properties & Spaces

    230 Main St, Batavia, NY 14020

    2,633 SF 1.12 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a freestanding, 2,633 square foot building currently occupied by a Burger King restaurant in Batavia, New York. Located at 230 W Main Street, this property sits on a 1.12-acre lot and features a convenient drive-thru. The existing lease is an Absolute NNN lease with a corporate guarantee, providing significant security for the investor. The current tenant, Burger King, has a lease expiring April 30, 2025. However, the landlord retains the right to exercise lease options at any time, while Burger King holds the right to exercise options after November 1, 2024. This high-sales-volume location has been operational since 1977, demonstrating its enduring appeal and strong market position within the Genesee County community. The property's versatile zoning allows for potential future uses beyond its current configuration, presenting further investment possibilities. This is a rare chance to acquire a well-established, high-performing retail property with a strong tenant and significant upside potential. The property's location in Batavia, NY, offers easy access to major transportation routes and a thriving local market. The substantial lot size also provides ample space for potential expansion or future development. This is an ideal investment for those seeking a stable, income-producing asset with significant long-term growth prospects.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 2,633 SF
    Lot 1.12 ac (48,787 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
    • Burger King Restaurant
    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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