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Dark Dollar General

232 Forest Ave, Buffalo, NY 14213

Listing Price: $1,400,000

Cap Rate
8.07%
Tenant Name
Dollar General (Dark)
Years Remaining On Lease
4.6
Guarantor
Corporate Guarantee
Rentable SF
9,066
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.06

Investment Overview

Dark Dollar General with multiple options for replacement tenant, business or repurposing.

Investment Highlights

  • Dark Dollar General with 4.5 years remaining on corporately guaranteed lease allowing a time buffer for repurposing
  • 9,066 square foot building - All brick and masonry construction built in 2014
  • Tenant pays property taxes, insurance, all utilities and contributes additional $3,600 annually towards CAM
  • Building is on a hard corner that sees 13,000+ VPD
  • Located less than one mile from the Richardson Olmsted Campus (42-acre National Historic Landmark)
  • Proximity to SUNY Buffalo State University
  • More than 288,000 people within a five mile radius
  • Positioned off I-190 Exit (I-190 sees 78,000+ VPD)

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s) NY: 10311204479

    New York

Discount

Dark Dollar General

Listing Price: $1,400,000

Cap Rate
8.07%
Tenant Name
Dollar General (Dark)
Years Remaining On Lease
4.6
Guarantor
Corporate Guarantee
Rentable SF
9,066
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.06

Investment Highlights

  • Dark Dollar General with 4.5 years remaining on corporately guaranteed lease allowing a time buffer for repurposing
  • 9,066 square foot building - All brick and masonry construction built in 2014
  • Tenant pays property taxes, insurance, all utilities and contributes additional $3,600 annually towards CAM
  • Building is on a hard corner that sees 13,000+ VPD
  • Located less than one mile from the Richardson Olmsted Campus (42-acre National Historic Landmark)
  • Proximity to SUNY Buffalo State University
  • More than 288,000 people within a five mile radius
  • Positioned off I-190 Exit (I-190 sees 78,000+ VPD)

Investment Overview

Dark Dollar General with multiple options for replacement tenant, business or repurposing.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s): NY: 10311204479

    New York

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