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Family Dollar (Dark) 1031 Clinton St

8,247 SF Retail Building Buffalo, NY 14206 £1,264,016 (£153/SF) 7.72% Net Initial Yield

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
£1,264,016
Price Per SF
£153
Net Initial Yield
7.72%
NOI
£97,582
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Land Acres
0.98 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Parking
20 Spaces (2.43 Spaces per 1,000 SF Leased)
Frontage
191 ft on Clinton

Amenities

  • Signage
  • Air Conditioning
  • Listing ID: 33842558

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 1031 Clinton St, Buffalo, NY 14206

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