Key Bank Ground Lease Bbb By Sp 236M Deposits Near… — Sale in Orchard Park (Buffalo/Niagara Msa), NY
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Orchard Park (Buffalo/Niagara Msa), NY 14127
Investment Figures
- Cap rate
- 5.60%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the Key Bank in Orchard Park, NY. Investment Highlights: • 9 Years Remaining on Absolute NNN Ground Lease, Early Lease Extension • 10% Rent Increases Every 5 Years in Base Term and Options • Strong Reported Deposits in Excess of $236 Million, Proven Location • Tenant Plans on Renovating the Branch in July 2026, All-Brick Building with 3 Drive-Thru Lanes • Branch Ranks in the Top 92nd Percentile Nationwide for KeyBank (Placer.ai) • Investment Grade Credit Tenant (BBB+ by S&P), 950+ Locations and $11.2 Billion in Revenue • Serving 144,000 Residents in Affluent Suburb to Buffalo, Strategic Regional Location
Market Context
This retail in Orchard Park (Buffalo/Niagara Msa), NY is listed for sale. It is offered at an approximate 5.6% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 86 days. Compare it against other retail listings for sale in Orchard Park (Buffalo/Niagara Msa), NY — view the full market.
Contact
- Phil Sambazis
- John Horowitz · (212) 430-5100
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