Appletree Business Park

Location: Cheektowaga, NY
Type: Office
Price: $49,800,000

SMC has provided a $49,800,000 ten-year fixed rate mortgage for the refinance of Appletree Business Park, a 423,047 SF Multitenant office property located in the Buffalo suburb of Cheektowaga NY. The property is currently over 96% occupied by 22 various tenants. Appletree Business Park lends itself as one of the most attractive office buildings in the Cheektowaga area. Under one roof, tenants enjoy access to a physical fitness center, a café, and two banks, as well as 24-hour security and on-site maintenance. Appletree Business Park offers abundant free parking (8 spaces per 1,000 square feet), and access to several Niagara Frontier Transportation Authority (NFTA) bus stops. The subject is ideally located in the heart of the Buffalo MSA, less than five miles from the Buffalo-Niagara International Airport, the New York State Thruway (I-90), and the Town of Cheektowaga.