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Former Bank Branch

4248 Delaware Ave, Tonawanda, NY 14150

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About

Del-Ton Plaza is a 55,473-square-foot neighborhood shopping strip that is currently occupied by longstanding national, regional, and local tenants. Del-Ton Plaza is a very stable plaza, with 70 percent of available space leased by the same tenants for the past 25 years or longer.

Del-Ton Plaza is located along Delaware Avenue, a major corridor that sees 17,000 cars per day directly in front of the available space. Interstate 290 is just one-tenth mile south of the property, and sees 107,083 cars per day, connecting Interstate 190 to Interstate 90. Del-Ton Plaza is located in a dense infill neighborhood, with 10,573 residents within one mile, 103,003 residents in three miles, and 250,534 residents in five miles. Situated amongst dense residential development adjacent to a major highway, Del-Ton Plaza is easily accessed by pedestrian traffic and public transportation, and has an ideal mix of daily needs retailers, restaurants, and service-oriented businesses.

This former bank branch is an in-line unit located in the Del-Ton Plaza. There are currently four teller stations with vault and support space. There is also one private office and conference room, with space for three office cubicles. The lease runs through 6/30/2024. While currently built out as a bank branch, the space can easily converted to conventional office space. This area is also a great retail location, with the 290 (Yougmann Memorial Highway) nearby.

  • Complete renovation in 2009-2012 including work done to the façade, parking lot, and roof
  • Rest of plaza is 100% occupied, and anchored by a high performing Rite-Aid and Value Home Center
  • Stable tenant mix, with 70% of available space leased to the same tenants for over 25 years
  • Dense infill area, with over 100,000 residents living within three miles of the plaza

Suite Available

Location

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Listing courtesy of Donovan Real Estate Services

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