Map of Property

Citizen Bank - Buffalo NY

For Sale

3494 Delaware Ave, Buffalo, NY 14217

This Buffalo property for sale is located at 3494 Delaware Ave. The general use of Citizen Bank - Buffalo NY is retail and it incorporates 4,500 square feet of class C retail space. The current listed sale price for Citizen Bank - Buffalo NY is $1,650,000. Citizen Bank - Buffalo NY is situated on a lot that is 0.38 acre in size.

Contacts

broker

Craig Dunkle

SCOPE Commercial Real Estate Services

Property Details

  • Property Type Retail - Freestanding
  • Property Size 4,500 SF
  • Lot Size 0.38 Acre
  • Additional Rent Contact for pricing
  • Building Class C
  • Year Built 1960
  • Date Updated Nov 5, 2024
The property is located on Delaware Ave, which sees approximately 22,150 VPD, and is just off a central retail corridor, Sheridan Dr, which sees 27,936 VPD. Buffalo is the second-largest city in New York and has seen a population growth of 6.5% from 2010 to 2020. The Subject Property is located within the heavily populated northern suburbs of the city, with over 140,000 Residents within a 3-mile radius.SCOPE Commercial Real Estate Investment Services is pleased to exclusively present 3494 Delaware Ave, located in Buffalo, New York. The Subject Property consists of 4,500 SF and currently operates as a Citizens Bank with an absolute NNN lease. Citizens Bank recently signed the 7-year lease term, with 5% increases every three years and renewal options offering four (4) three (3) year terms. Citizens Bank, one of the largest banks on the East Coast, backs the lease with a corporate guarantee, with an S&P A- credit rating. Citizens Bank is the 13th largest retail bank in the United States. From 2020 to 2021 Citizens Financial Group has seen a 5% increase in deposits at Citizen Banks. The Subject Property’s location, which has been open since 2005 and backed by FDIC, has seen a 33% growth in deposits from 2020 ($76,240,000) to 2021 ($101,591,000).

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Highlights

  • Absolute NNN Lease - No Landlord Responsibilities or Expenses
  • 33% Increase in Deposits from 2020 ($76,240,000) to 2021 ($101,591,000) at Subject Property
  • Delaware Ave Receives 21,509 VPD
  • Heavily Populated Area with Over 140,000 Residents within a 3 Mile Radius

Getting around

  • 70/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Buffalo, NY
  • Zip Code 14217
  • Market Buffalo

Points of Interest

  • Hertel & Wellington

    2.44 miles

  • Hertel & Starin

    2.64 miles

  • Hertel & Vorrhees

    2.70 miles

  • Hertel & Voorhees

    2.72 miles

  • University Station

    3.15 miles

  • Marina Vista Apartments

    3.17 miles

  • Humboldt–Hospital

    3.75 miles

  • Metro Rail Station

    5.54 miles

  • Lafayette Square

    6.42 miles

  • Buffalo–Exchange Street Station

    6.98 miles

  • Tops

    0.19 miles

  • ChargePoint

    0.37 miles

  • Mobil

    0.67 miles

  • Sunoco

    0.68 miles

  • Exxon

    0.78 miles

  • Speedway

    0.81 miles

  • Citgo

    0.82 miles

  • Valero

    1.15 miles

  • Kwik Fill

    1.35 miles

  • Tesla Destination Charger

    3.04 miles

  • Rite Aid Parking Lot

    0.74 miles

  • Tonawanda Rails-to-Trails

    1.17 miles

  • Greenway trail parking

    1.67 miles

  • Greenway parking

    1.91 miles

  • Tonawanda Rail-Trail Parking

    2.24 miles

  • Aurubis Buffalo Visitor Parking

    2.44 miles

  • DuPont Yerkes Contractor Parking

    2.61 miles

  • CVS lot

    2.69 miles

  • Park and Ride Lot

    2.98 miles

  • McDonald's

    0.07 miles

  • Pie-O-Mine / Greens

    0.12 miles

  • Burger King

    0.14 miles

  • Panera Bread

    0.16 miles

  • Chipotle

    0.19 miles

  • Mighty Taco

    0.23 miles

  • Tropical Smoothie Cafe

    0.23 miles

  • Naan-Tastic

    0.24 miles

  • Jersey Mike's Subs

    0.24 miles

  • Chinatown

    0.25 miles

  • Tops

    0.23 miles

  • Save-A-Lot

    0.27 miles

  • ALDI

    0.32 miles

  • Dash's Market

    0.79 miles

  • Price Rite Marketplace

    1.57 miles

  • Burlington

    1.66 miles

  • Target

    1.67 miles

  • Big Lots

    1.80 miles

  • Gordon Food Service

    1.98 miles

  • Jerusalem Halal Market

    2.21 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Craig Dunkle

SCOPE Commercial Real Estate Services