FAMILY DOLLAR (DARK) FOR AUCTION

BID DATES: APRIL 28 – APRIL 30

STARTING BID: $350,000

INVESTMENT HIGHLIGHTS

• Corporate Guarantee – The remaining 4 years boast a long term commitment of  annual rent of $123,472
• NN+ Lease Type – Provides a stable investment by shifting responsibility for property taxes, insurance, and maintenance to the tenant, reducing landlord expenses and ensuring predictable income with minimal management involvement.
• Potential for Redevelopment or Re-Leasing – The property offers potential for future redevelopment or re-leasing to a different tenant, providing an opportunity for value appreciation based on shifts in market conditions and tenant demand.
• Strategic Location – Within a 3-mile radius, the population exceeds 140,000 residents, providing a large customer base and high foot traffic for retail properties.
• 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 average. This affordability is drawing in a growing number of new residents, particularly millennials and remote workers, seeking a more budget-friendly lifestyle.
• Future Development– Buffalo’s vibrant arts, music, and culinary scenes are experiencing continuous growth, fueled by significant investments in cultural landmarks such as the Albright-Knox Art Gallery and the Canalside waterfront development.