SOLD – Shops at Walmart Plaza

THE OPPORTUNITY

• ​Located just south of the Buffalo, NY MSA (population over 1,137,000)
• ​$100M+ Walmart shadow center with the only Wholesale Club (BJ’s), Theatre (AMC), and Home Improvement store (Home Depot) within the center
• ​Recent renewals by Walmart for 10 years, BJ’s for 7 years, and AMC with over 9 years of term remaining
• ​Recent shops renewals by The Shoe Depot, GameStop, GNC, and Supercuts
• ​New lease with Pet Supplies Plus and Spectrum, and one remaining vacancy for lease-up of 3,080 SF
• ​Strong sales and sustainable health ratios by Old Navy and Maurice’s

THE HIGHLIGHTS

• ​Primary retail center within the market – Major retailers Walmart, Home Depot, BJ’s Wholesale, AMC and Aldi located within or across from of center
• ​Great access and visibility
• ​Located across from St Bonaventure University with an enrollment of over 2,500 students
• ​94% occupied with over 87% of the rent roll occupied by national tenants (old Navy, Maurice’s, Pet Supplies Plus, The Shoe Depot, and more
• ​Substantial recent history of lease-up and renewals
• ​New LED lights within the parking field
• ​Roof installed in 2016 and still under warranty