Batavia retail real estate for years opportunity. 115,554 SF former KMart + 10.3 acres estate for years for sale. Located directly across from Batavia Downs Race Track with access from several points. Less than (1) mile from NYS Thruway I-90 Exit 48 for Batavia. Unimproved fair market purchase rights and unilateral termination rights for the holder of the estate for years. The estate for years acquisition will entitle the Purchaser to the entirety of the subject property with no ground lease payments due until December, 2025 and a flat rate ground lease for twenty five years with five (5) five-year renewal options at fair market value thereafter. The estate for years owner is entitled to a purchase option at fair market value for the unimproved land value and is granted a unilateral termination right of the ground lease.
|Property Name:||Former K-Mart|
|Sub Use:||Big Box|
|Building Size:||115,554 ±SF|