5165 Broadway Depew, NY 14043
This exceptional 25,400 square foot retail space, previously occupied by Big Lots, presents a prime opportunity in the thriving Depew, NY market. Located within a bustling, grocery-anchored retail center, this property boasts high visibility and significant foot traffic. The center is anchored by a recently upgraded Tops Market, which has undergone a $3 million renovation within the past year, significantly enhancing the overall appeal and draw of the shopping center. This strategic location benefits from a strong tenant mix, including established national and local businesses such as Ace Hardware, Dollar Tree, The UPS Store, and Supercuts, creating a synergistic environment for potential tenants. The space itself offers 25,400 square feet of adaptable retail area, ideal for a variety of uses, including home goods, electronics, apparel, or health and beauty services. Whether seeking a new location or expanding an existing business, this property offers a solid foundation for success within a high-performing retail center. The overall building encompasses 148,245 square feet and is classified as Class B. The property is situated in Erie County's Depew submarket, specifically within the Depew-Lancaster submarket cluster. This location provides excellent access to a substantial customer base and offers significant potential for growth and profitability.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.