Dollar General for Sale in Buffalo, NY
Buffalo, NY
Key Investment Metrics
Price
$1,500,000
Cap Rate
7.5%
Net Operating Income
$112,500
Building Size
10050 SF
Land Area
1.22 Acres
Remaining Term
5 years
Lease Expiration
07/31/2030
Lease Term
17.4 years
Lease Commencement
03/18/2013
Lease Type
NN+
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
1995
Occupancy
100%
Tenancy
Single
Rent Increases
10%
Property overview
Dollar General in Buffalo
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 10,050 SF
- Land area
- 1.22 acres
- Year built
- 1995
- Lease type
- NN+
- Lease expiration
- 07/31/2030
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.