Matthews Logo

Navigation Menu

3505-3515 Amelia Dr, Orchard Park, NY, 14127

Offering Memorandum

Command Palette

Search for a command to run...

Quaker Crossing Outlot
$2,550,000

Key Information

Cap Rate
7%
Tot. SF
6,245
Year Built
2008
Type
Retail
Occupancy
100%
NOI
$178,516

Highlights

  • Fully Leased Strip Center: Quaker Crossing Outlot is a 100% leased ±6,245 SF strip center comprised of 3 tenants: AT&T (Corporate), Subway (Corporate) and FlexYoga.
  • Target Shadow Anchored: The Property benefits greatly being shadow anchored by a heavily trafficked Target location driving sustained daily visits from customers to the center.
  • Cross-Traffic From Major Retailers: In addition to Target, the Property also benefits from the cross-traffic provided by Dick’s Sporting Goods, Kohl’s, Marshalls, HomeGoods, Regal Cinema, Ashley Furniture, PetSmart & Ulta.
  • Prime Retail Corridor Location: Quaker Crossing Outlot is ideally positioned in the Orchard Park retail corridor along Milestrip Rd (±25,000 VPD) serving the affluent Orchard Park trade area and featuring excellent access & great visibility.
  • Proximity to Buffalo Bills Stadium: The Property sits less than 2 miles from the brand-new Buffalo Bills Stadium that will open up in the Fall of 2026 – total project cost was ~$2Billion.
  • Excellent Transportation Access: Immediate access to major transportation routes, including I-90 (±48,000 VPD) and Route 219 (±47,000 VPD), provides seamless connectivity throughout the Buffalo MSA and surrounding suburban communities.
  • Affluent Trade Area: The immediate trade area is characterized by above-average household incomes, high homeownership rates, and stable residential density, underpinning consistent demand for service-oriented and necessity-based retail.
  • Long-Term Tenancy: Service & Necessity Based Tenancy With Strong Operating History | AT&T & Subway Have Operated Here For 16+ Years With Both Recently Having Extended Their Lease.
  • Strong Demographics: Desirable Demographics | 5-mile Population: 143,000 | 1-mile Avg. HHI: $110,000.
  • Ease of Management: Ease of Management | Only 3 Tenants | No Lease Expirations Until 2030.
  • Free & Clear Offering: Offered Free & Clear of Existing Financing.

Photos

Location

Agents

Broker of Record

Cory Rosenthal

License # 10991237833, 10311210106 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017