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Discount

Family Dollar

1031 Clinton St, Buffalo, NY 14206

Listing Price: $1,803,000

Cap Rate
6.85%
Tenant Name
Family Dollar
Years Remaining On Lease
8.3
Guarantor
Corporate Guarantee
Rentable SF
8,247
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.97

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net lease Family Dollar in Buffalo, New York. The property consists of a 8,247-square-foot, freestanding building that sits on approximately 0.98 acres of land. There are approximately 8.3 years remaining on the current lease term.

Investment Highlights

  • Triple-Net Lease with 5.8 Years Remaining
  • More than 291,149 Residents and 324,960 Employees Within a Five-Mile Radius
  • 2.3 Miles to Downtown Buffalo
  • Corporate Guarantee from Investment-Grade Tenant (S&P: BBB)
  • Buffalo is a Port of Entry with Canada (Passage of over 1.1 Million Trucks and More than 5 Million Vehicles Annually)

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s) NY: 10311204479

    New York

Financing By

Discount

Family Dollar

Listing Price: $1,803,000

Cap Rate
6.85%
Tenant Name
Family Dollar
Years Remaining On Lease
8.3
Guarantor
Corporate Guarantee
Rentable SF
8,247
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.97

Investment Highlights

  • Triple-Net Lease with 5.8 Years Remaining
  • More than 291,149 Residents and 324,960 Employees Within a Five-Mile Radius
  • 2.3 Miles to Downtown Buffalo
  • Corporate Guarantee from Investment-Grade Tenant (S&P: BBB)
  • Buffalo is a Port of Entry with Canada (Passage of over 1.1 Million Trucks and More than 5 Million Vehicles Annually)

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net lease Family Dollar in Buffalo, New York. The property consists of a 8,247-square-foot, freestanding building that sits on approximately 0.98 acres of land. There are approximately 8.3 years remaining on the current lease term.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s): NY: 10311204479

    New York

Financing By

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