Retail Space
437 Tonawanda Street Buffalo, NY 14207
Details & Description
Price: $1,448,000
    Marcus & Millichap is pleased to present for sale this freestanding, single-tenant Dollar General located in Buffalo, New York. Buffalo is the county seat of Erie County and serves as a primary gateway for commerce and travel across the Canadian border. The double net lease has approximately two years remaining, with rent increases at the start of each of the three five-year options. As a show of commitment to the site, the tenant obtained a liquor license in 2019. The subject property consists of a 10,050 square foot building on a 1.22-acre parcel and located less than a half-mile from Niagara Throughway, with more than 72,000 vehicles per day. Dollar General is a growing Fortune 500 company (#112) with revenue in excess of $27.8 Billion in 2020. Dollar General is an investment-grade credit tenant with a Standard & Poor’s rating of BBB. Dollar General has over 16,979 discount stores in 46 states. The company offers basic household supplies, including cleaning supplies, health aids, food, and apparel. Most of the merchandise carried in the stores is priced between $1 and $35.
    Property Highlights
    Listing Agents
    Darpan Patel

    O: 813-387-4812
    darpan.patel@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    437 Tonawanda Street

    Buffalo, NY 14207

    No Longer Listed
    • 437 Tonawanda Street Buffalo, NY 14207 | for Sale | Photo 1
    • 437 Tonawanda Street Buffalo, NY 14207 | for Sale | Photo 2
    437 Tonawanda Street | for Sale | Thumbnail 1
    437 Tonawanda Street | for Sale | Thumbnail 2
    Price
    $ /mo
    Property Highlights
    Two Years Remaining on Double-Net Lease and Three, Five Year Options with Increases
    Dense, Infill Location Located Five Miles from Downtown Buffalo
    Licensed Liquor Premise Since 2019
    Investment Grade Credit Tenant SP BBB
    Two Miles From SUNY Buffalo State College Over 8,300 Students
    20-Minute Drive to Niagara Falls 7.6 Million Annual Visitors in 2017
    Buffalo is the County Seat of Erie County
    Excellent Demographics 18,284, 133,110 and 287,333 Residents within a One, Three and Five Mile Radius
    Description

    Marcus & Millichap is pleased to present for sale this freestanding, single-tenant Dollar General located in Buffalo, New York. Buffalo is the county seat of Erie County and serves as a primary gateway for commerce and travel across the Canadian border. The double net lease has approximately two years remaining, with rent increases at the start of each of the three five-year options. As a show of commitment to the site, the tenant obtained a liquor license in 2019. The subject property consists of a 10,050 square foot building on a 1.22-acre parcel and located less than a half-mile from Niagara Throughway, with more than 72,000 vehicles per day. Dollar General is a growing Fortune 500 company (#112) with revenue in excess of $27.8 Billion in 2020. Dollar General is an investment-grade credit tenant with a Standard & Poor’s rating of BBB. Dollar General has over 16,979 discount stores in 46 states. The company offers basic household supplies, including cleaning supplies, health aids, food, and apparel. Most of the merchandise carried in the stores is priced between $1 and $35.

    Buffalo Area Market Trends

    Listing Demographics for 437 Tonawanda Street Buffalo, NY 14207

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population19,162134,203291,494
    Population Median Age323738
    Population by Age0-9 Yrs2818 (14%)16227 (12%)35678 (12%)
    10-19 Yrs3459 (18%)16144 (12%)36267 (12%)
    20-29 Yrs3962 (20%)27310 (20%)52218 (17%)
    30-39 Yrs2953 (15%)19643 (14%)39907 (13%)
    40-49 Yrs1722 (8%)14491 (10%)31842 (10%)
    50-59 Yrs1792 (9%)15159 (11%)35624 (12%)
    60-69 Yrs1434 (7%)14012 (10%)31654 (10%)
    70+ Yrs1022 (5%)11218 (8%)28305 (9%)
    Median HH Income$27,635$45,469$43,288
    Total Household Income< 24K3426 (47%)17755 (30%)40983 (32%)
    25-49K1891 (26%)13613 (23%)29907 (23%)
    50-74K708 (9%)8830 (15%)20130 (15%)
    75-99K397 (5%)6007 (10%)13339 (10%)
    100-199K609 (8%)9559 (16%)19201 (15%)
    200K+136 (1%)2357 (4%)3943 (3%)
    Highest Education LevelNo Diploma23541182324731
    Diploma or GED36202028350449
    Some College20281565837067
    Assoc. Degree987813519558
    Bachelors Degree12541863136566
    Higher Degree5551508526991
    Total Housing Units8,40067,003146,491
    --Owner-Occupied2,04225,70762,100
    --Renter-Occupied5,12632,41565,403
    Owner-Occupied Values< 100K1638758021087
    100-199K2521024127443
    200-299K7442247355
    300-399K4017202740
    400-499K07511316
    500K+3711912159
    Total Working Age Population14,887109,457235,111
    In Work Force7,87969,105142,710
    Not In Work Force7,00840,35292,400
    Workforce Employed7,37866,194134,554
    Workforce Unemployed5012,8827,954
    Civlian Workforce7,87969,076142,508
    Military Workforce029202
    Total Households7,16958,122127,503
    Family Households3,99828,05665,749
    Non-Family Households3,17030,06661,754
    Married Couple1,66416,69536,895
    Other Family2,33411,36128,854
    Married w/Child8726,74614,098
    Single Male w/Child1751,1712,684
    Single Female w/Child1,3325,08213,457

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Erie County950,265-3919,040+2936,084+1949,073

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 437 Tonawanda Street in Buffalo?
    The asking price for 437 Tonawanda Street is $1,448,000
    What is the building size of this Retail property in Buffalo, NY?
    The size of the building/unit at 437 Tonawanda Street in Buffalo is 10,050 square feet
    How much land does the Buffalo, NY property at 437 Tonawanda Street include?
    437 Tonawanda Street in Buffalo includes 1.220 acres of land
    What kind of Retail is the propery at 437 Tonawanda Street?
    The property at 437 Tonawanda Street Buffalo, NY 14207 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 437 Tonawanda Street in Buffalo?
    The population within 1 mile of 437 Tonawanda Street Buffalo, NY 14207 is 19,162 people.
    Who do I contact for questions about 437 Tonawanda Street?
    You should contact the listing agent, Darpan Patel , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Buffalo Niagara International Airport (BUF) 8
    Greater Rochester International Airport (ROC) 63
    Erie International Tom Ridge Field (ERI) 88