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Family Dollar (Dark) 1031 Clinton St

8,247 SF Retail Building Buffalo, NY 14206 $1,600,000 ($194/SF) 7.72% Cap Rate

Retail Buildings New York Buffalo 1031 Clinton St, Buffalo, NY 14206

Investment Highlights

  • Corporate Guarantee – The remaining 7 years boast a long term commitment of guaranteed rent.
  • Potential for Redevelopment or Re-Leasing – The property offers potential for future redevelopment or re-leasing to a different tenant
  • Affordable Living – Buffalo is recognized as one of the most affordable cities in the U.S., with a cost of living approximately 15% below the national
  • NN+ Lease Type – Provides a stable investment by shifting responsibility for property taxes, insurance, and maintenance to the tenant
  • Strategic Location – Within a 3-mile radius, the population exceeds 140,000 residents, providing a large customer base and high foot traffic for retai
  • Future Development– Buffalo’s vibrant arts, music, and culinary scenes are experiencing continuous growth

Executive Summary

Broker of Record
Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,247 SF
Building Class
C
Year Built
2019
Price
$1,600,000
Price Per SF
$194
Cap Rate
7.72%
NOI
$123,520
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.98 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial - Commercial
Parking
20 Spaces (2.43 Spaces per 1,000 SF Leased)
Frontage
191 FT on Clinton

Amenities

  • Signage
  • Wheelchair Accessible
  • Air Conditioning

Links

1 of 1

Nearby Major Retailers

Citi
The YMCA
Tim Hortons
KeyBank
HSBC Bank
(630) 880-4393

Contacts

  • Listing ID: 33842558

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 1031 Clinton St, Buffalo, NY 14206

The Retail Property at 1031 Clinton St, Buffalo, NY 14206 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Family Dollar (Dark) | 1031 Clinton St
(630) 880-4393 x

Family Dollar (Dark) | 1031 Clinton St

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Patrick Ehrhardt

(630) 880-4393

(630) 880-4393

Alex DeSoto

(602) 898-8499

(602) 898-8499

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