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1770 Broadway Buffalo, NY 14212
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Property Description
Sperry Van Ness is pleased to offer a portfolio of six Tops Markets properties guaranteed by Tops Markets consisting of 4 supermarkets and 1 distribution/warehouse in the Buffalo/Niagara metro area plus 1 retail property in Cortlandville, NY. All properties are Absolute NNN leased to Tops Markets with corporate guarantees and leases with initial terms ranging from 2 to 9 years.
• The Market Place, Boston, NY - 10,200 sf
• Tops Market, Buffalo, NY - 54,500 sf
• Tops Market (Vacant), Buffalo, NY - 40,000 sf
• Tops Warehouse, Depew, NY - 73,350 sf
• Tops Market, Niagara, NY - 35,990 sf
• Benderson Sublease, Cortlandville, NY - 50,450 sf
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Location Description
Five of the six properties being offered are located in the Buffalo-Niagara MSA and one is located in Cortlandville, NY.
The Buffalo-Niagara MSA consists of two counties, Niagara and Erie. The total population in the MSA is 1,144,796 and the Median Houehold Income is $32,071.
Cortland, NY is approximately 250 miles northwest of New York City between Binghamton (35 miles south) and Syracuse (40 miles north). Cortland is a city of 20,000 people in Cortland County which has a population of 48,000. The median household income is $34,000.
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