Delaware Place Plaza 4 inmuebles | Local en venta a 11.918.200 € en Buffalo, NY

Delaware Place Plaza, located at 2611-2635 Delaware Avenue in Buffalo, New York, presents a prime investment opportunity to acquire a well-maintained, income-producing retail center in one of the city’s most active commercial corridors.

Spanning 72,567 square feet across four buildings on 6.06 acres, the plaza is currently 93% leased by long-standing NNN tenants, generating strong in-place net operating income (NOI). The asset includes a 3,200-square-foot vacant suite, an immediate value-add opportunity for an investor to increase cash flow through new tenancy. Anchored by established retailers such as Goodwill, MetroMattress, People Inc., Delaware Camera, and Amherst Physical Therapy, the diverse tenant mix supports strong daily traffic and cross-shopping. Additional highlights include two pylon signs, ample surface parking, and meticulously maintained landscaping, further enhancing tenant appeal and long-term asset stability.

Strategically positioned on Delaware Avenue, the plaza benefits from exceptional visibility with over 22,500 vehicles passing daily and seamless access to major thoroughfares. Delaware Place Plaza lies just five minutes from the Scajaquada Expressway and 10 minutes from Interstate 290, providing strong connectivity to Downtown Buffalo and the surrounding suburbs. Across the street, Delaware Consumer Square, anchored by Target, Burlington, and Dollar Tree, serves as a significant demand generator, drawing consistent traffic. The surrounding trade area includes a population of more than 350,000 residents with annual consumer spending exceeding $3.8 billion within a 5-mile radius. A newly constructed 150-unit apartment complex adjacent to the plaza adds further density and enhances long-term demand for retail services at this location.

Located within the Greater Buffalo retail submarket, Delaware Place Plaza benefits from low vacancy and rising market rents, supporting future growth potential. North Buffalo continues to experience positive demographic and residential trends, with growing consumer demand and ongoing investment in nearby commercial and housing developments. 2611-2635 Delaware Avenue is a rare opportunity to acquire a stabilized, high-visibility retail asset with proven income, immediate upside potential, and strong positioning within a thriving regional market.