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Shopping Neighborhood

Wellsville Shopping Center

4160 Bolivar Rd, Wellsville, NY 14895

Listing Price: $4,530,000

Cap Rate
7.50%
Gross SF
86,543
Rentable SF
86,543
Price/Gross SF
$52.34
Lot Size
1.99 acres
Year Built
1973

Investment Overview

Marcus & Millichap is exclusively offering for sale Wellsville Shopping Center, an 86,543 square foot shopping center that has been 100 percent leased since 1997. The property’s location is on a main retail corridor in Wellsville. Wellsville is the largest community in Allegany County and is considered the shopping center for Southern Allegany County and Northern Potter County in Pennsylvania as Wellsville is located just 8 miles to the north of the Pennsylvania border. The two largest industries in Wellsville are Alston Power Air Preheater with 700 employees and Dresser-Rand, also with 700 employees. The area is also home to Alfred State and Alfred University. There is convenient access to I-86 and there are approximately 25,000 vehicles per day when totaling the area traffic counts on state highways and the local area roads adjacent to the shopping center. The tenants at the shopping center include Tractor Supply, Save-A-Lot, AutoZone, Family Dollar, Fairview Buffett, and Rentway.

Investment Highlights

  • Great visibility on main retail corridor
  • Easy access to center
  • Stable cash flow
  • Strong national tenants (NNN leases)
  • Retail Capital Improvements ....

Exclusively Listed By

  • Joseph French Jr.

    Licensed Associate Real Estate Broker

    (914) 220-9740

    Email Joseph

    License(s): PA: AB067393, NY: 10301207036, MA: 138295, CT: REB.0239741, NJ: 9210310

    Westchester

  • Bradford Thomas

    Licensed Real Estate Salesperson

    (914) 220-9755

    Email Bradford

    License(s): NY: 10401322851

    Westchester

Financing By

Shopping Neighborhood

Wellsville Shopping Center

Listing Price: $4,530,000

Cap Rate
7.50%
Gross SF
86,543
Rentable SF
86,543
Price/Gross SF
$52.34
Lot Size
1.99 acres
Year Built
1973

Investment Highlights

  • Great visibility on main retail corridor
  • Easy access to center
  • Stable cash flow
  • Strong national tenants (NNN leases)
  • Retail Capital Improvements ....

Investment Overview

Marcus & Millichap is exclusively offering for sale Wellsville Shopping Center, an 86,543 square foot shopping center that has been 100 percent leased since 1997. The property’s location is on a main retail corridor in Wellsville. Wellsville is the largest community in Allegany County and is considered the shopping center for Southern Allegany County and Northern Potter County in Pennsylvania as Wellsville is located just 8 miles to the north of the Pennsylvania border. The two largest industries in Wellsville are Alston Power Air Preheater with 700 employees and Dresser-Rand, also with 700 employees. The area is also home to Alfred State and Alfred University. There is convenient access to I-86 and there are approximately 25,000 vehicles per day when totaling the area traffic counts on state highways and the local area roads adjacent to the shopping center. The tenants at the shopping center include Tractor Supply, Save-A-Lot, AutoZone, Family Dollar, Fairview Buffett, and Rentway.

Exclusively Listed By

  • Joseph French Jr.

    Licensed Associate Real Estate Broker

    (914) 220-9740

    Email Joseph

    License(s): PA: AB067393, NY: 10301207036, MA: 138295, CT: REB.0239741, NJ: 9210310

    Westchester

  • Bradford Thomas

    Licensed Real Estate Salesperson

    (914) 220-9755

    Email Bradford

    License(s): NY: 10401322851

    Westchester

Financing By

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