4893 Transit Road — Sale in Lancaster, NY

  • Price: $395K
  • Listing type: For sale
  • Asset type: Office
  • Location: Lancaster, NY 14043
  • Size: 21,000 SF

Description

20,352 SF professional medical office building for sale. 85% occupied with long-term leases in place. Average remaining lease term of approximately 9 years, with renewal options. Value-add opportunity: 3,004 SF former dental suite available for lease or conversion to other medical/professional uses. Co-tenants include a thriving primary medical group and a well-known radiology provider. Excellent location near Route 400 Expressway and NYS Thruway. Located on heavily travelled Transit Road (Rt. 78) in one of the fastest growing trade areas of Western New York. Traffic counts exceed 33,000 vehicles/day. Strong area demographics in one of WNY's rapidly growing communities. Close proximity to major retail, restaurants, and service amenities. Ample on-site parking. Ideal For: medical practices and professional office users.

Market Context

This office in Lancaster, NY is listed for sale at $395,000 across 21,000 SF ($19/SF). It has been on the market for 239 days. Compare it against other office listings for sale in Lancaster, NY — view the full market.

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