For Sale
$975,000

7135 Buffalo Rd Churchville, NY 14428

High-Yield NY Convenience Store

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents a 9,001 square foot Dollar General store in Churchville, NY. Located at 7135 W Buffalo Rd, this single-tenant property boasts a strong 100% occupancy rate with a 5-year Net Net lease commencing October 1, 2024, and expiring May 31, 2029. The property features a substantial 5.3-acre lot and was built in 2006. The asking price is $975,000, representing a compelling $108.32 per square foot and a 6.26% capitalization rate, with a current Net Operating Income (NOI) of $61,035. The property's strong tenant, Dollar General, is a rapidly expanding national retailer known for its value-oriented business model and consistent performance. This investment offers a secure, high-yield return with a proven tenant in a desirable location. The property's APN is 264889-142-040-0001-031-000. The lease includes one option to renew. This is an ideal addition to any diversified real estate portfolio seeking stable income and long-term growth potential. The property is situated in Monroe County, NY, zip code 14428.

Highlights

  • $975,000 asking price for this 9,001 square foot Dollar General convenience store.
  • Located at 7135 W Buffalo Rd, Churchville, NY 14428, this single-tenant retail property boasts a 6.26% cap rate.
  • The property features a 5-year Net Net lease commencing October 1, 2024, and expiring May 31, 2029, with a current NOI of $61,035.
  • Built in 2006, this 100% occupied property sits on a 5.3-acre lot (APN: 264889-142-040-0001-031-000) and offers a price per square foot of $108.32.
  • One lease option is available.

Property Details for 7135 Buffalo Rd

Property type
Retail properties, Grocery and convenience stores
Square Feet
9,001 SF
Year Built
2006
Lot Size (sq. ft)
230,868 SF

Location Insight

City
Churchville
County
Monroe
State
New York
Latitude
43.1003709
Longitude
-77.8988782
7135 Buffalo Rd, Churchville, New York

FAQs

What type of property is this?
Retail property - High-Yield NY Convenience Store
Where is the retail property located?
The property is located at 7135 Buffalo Rd Churchville, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: $975,000 asking price for this 9,001 square foot Dollar General convenience store.; Located at 7135 W Buffalo Rd, Churchville, NY 14428, this single-tenant retail property boasts a 6.26% cap rate.; The property features a 5-year Net Net lease commencing October 1, 2024, and expiring May 31, 2029, with a current NOI of $61,035.
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7135 Buffalo Rd
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