This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

937 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

1166 Central Ave
Dunkirk, NY 14048

Rite Aid | Dunkirk, NY · Retail Property For Sale

Drug Stores New York Dunkirk 1166 Central Ave, Dunkirk, NY 14048

Investment Highlights

  • 100% Depreciable Asset: Leasehold interest (land not for sale) allows ownership to depreciate 100% percent of purchase price (ask your CPA)
  • Historical Occupancy: Rite Aid has been here for over 25 years with a proven track record
  • Across from State University of New York at Fredonia | Approximately 3,500 students
  • Absolute Net Lease Structure: Zero landlord responsibilities
  • Situated Along I-90: Conveniently located along Interstate 90, offering connectivity to Buffalo, NY (~ 45 mi. away) and Erie, PA (~ 50 mi. away)
  • Dunkirk, NY | Key City: Located in western NY along the shores of Lake Erie and just off I-90 — excellent connectivity to Buffalo, Erie, and Cleveland

Executive Summary

Leasehold Offering | Absolute Net Lease | 100% Depreciation

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,908 SF
Building Class
B
Year Built
2000
Price
$836,450
Price Per SF
$77
Cap Rate
9%
NOI
$75,280
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.45 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
C2
Frontage
180 FT on Central Ave

Links

PROPERTY TAXES

Parcel Number 060300-096-017-0001-019-001 Improvements Assessment $3,314,700
Land Assessment $592,500 Total Assessment $3,907,200

PROPERTY TAXES

Parcel Number
060300-096-017-0001-019-001
Land Assessment
$592,500
Improvements Assessment
$3,314,700
Total Assessment
$3,907,200
 

  • Listing ID: 34257468

  • Date on Market: 12/20/2024

  • Last Updated:

  • Address: 1166 Central Ave, Dunkirk, NY 14048

More public record information on 1166 Central Ave, Dunkirk, NY 14048

The Retail Property at 1166 Central Ave, Dunkirk, NY 14048 is currently available for sale. Contact Hanley Investment Group for more information.

Nearby Listings

1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/6
1166 Central Ave, Dunkirk, NY for sale Building Photo- Image 1 of 6
RiteAid_Dunkirk_Cover
1166 Central Ave, Dunkirk, NY for sale Site Plan- Image 2 of 6
RiteAid_Dunkirk_Siteplan
1166 Central Ave, Dunkirk, NY for sale Aerial- Image 3 of 6
RiteAid_Dunkirk_aerial
1166 Central Ave, Dunkirk, NY for sale Aerial- Image 4 of 6
RiteAid_Dunkirk_aerial2
1166 Central Ave, Dunkirk, NY for sale Aerial- Image 5 of 6
RiteAid_Dunkirk_aerial3

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link